Saudi mining company Maaden finds new gold deposits

[ad_1] Riyadh: Saudi Arabian Mining Company (Maaden) said Thursday it had discovered multiple gold deposits south of its existing Mansourah Massarah gold mine, indicating the potential to expand gold mining…

Saudi Arabia’s Ma’aden reports profit slide on lower sales prices

[ad_1] Saudi Arabian Mining Company, one of the Gulf’s biggest miners, reported an annual 91 per cent drop in second-quarter net profit due to lower average sales prices of its…

Saudi Arabia’s Ma’aden increases capital by $3.2bn to strengthen financial position

[ad_1] Saudi Arabian Mining Company, better known as Ma’aden, is increasing its share capital by 12.3 billion Saudi riyals ($3.2 billion) as it looks to strengthen its capital base. The…