Chief Executive Bob Wilt attributed the results to "record production" and the company's second-highest full-year revenue ...
Ma’aden aims to achieve carbon neutrality across the organization by 2050. In 2022, Ma’aden reduced its energy-indirect emissions by 14%. In June 2022, it signed an MoU with GlassPoint to develop a ...
Saudi Arabia's Ma'aden reported a sharp jump in profits, driven by record production across the business units. The miner reported its second-highest full-year revenue on record at at US$32.55 ...
Saudi Arabia – a nation built upon the extraction ... by the start-up of projects like Saudi Arabian Mining Company’s (Ma'aden's) Mansourah and Massarah project. Ma’aden announced the ...
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The discovery supports Saudi Arabia's Vision 2030 strategy, which focuses on reducing the nation's heavy reliance on oil by ...
International markets have already responded favorably to Saudi Arabia’s mining growth, as Ma’aden recently raised $1.25 billion to fund its expansion, half of which came from American ...
Welcoming Ma’aden to Alba’s shareholder base ... “This partnership also deepens the strong economic ties between Bahrain and Saudi Arabia as we embark on an exciting chapter of collaboration ...
Ma’aden, which operates in gold, aluminum and phosphates, is a key pillar in Saudi Arabia’s plan to diversify its economy away from hydrocarbons and is looking to expand mining capabilities in ...
Ma’aden is the largest mining company in the Middle East. It is 67.2% owned by Saudi’s Public Investment Fund. In January 2023, the company signed two joint venture agreements with Barrick Gold ...