Saudi mining companies. P. V. It was formed as a Saudi joint stock company on 23 March 1997 for the purpose of facilitating the development of Saudi Arabia's mineral resources. ) is a multi-commodity mining and metals company, active in gold, phosphate, fertilizer, base metals, aluminum and managing its infrastructure industry. With $7. 5 billion and a 67. This is the list of the largest public listed companies from Saudi Arabia by market capitalization with links to their reference stock, sector and industry. le grand bamaneia Ma’aden is the largest mining company in the Middle East, and it has three strategic business units for managing phosphate, aluminum, and gold mining operations. SMM was established in 2014, engaged into exploration, development and operation of Mining projects. 1 Saudi Arabia has 8 prospect mines. Ma'aden pioneered the mining industry in Saudi Arabia, building a world-class, unique and fully integrated mining value chain. AGC is looking forward to proactively contribute to developing Kingdom of Saudi Arabia as per Vision 2030. 2 days ago · Maaden profit soars to SAR 2B in H1 2024, SAR 1. In April 2024, Ma’aden purchased Mosaic Phosphates B. Mining Cooperation & Chiefing Jelong Ma'aden | 696,210 followers on LinkedIn. Company Profile . ) is a Saudi state-owned mining company headquartered in Riyadh. 6 g/t gold in two random drilling sites 400 meters from and under Mansourah Massarah Al Haytham Mining Company has been established in Jeddah in 1990 (Hijri 1410). 3 trillion and is seeking to attract nearly $200 billion in investments in the mining sector by 2030. Furthermore, the company uses decarbonization technologies, advanced exploration intelligence Oct 26, 2023 · Saudi Arabia has an estimated mineral wealth of $1. Jan 11, 2024 · RIYADH: Saudi Gold Refinery Co. 2% Saudi Mines for Mining (SMM) is a Limited Liability Company (LLC). Robert Wilt was appointed CEO of Ma’aden in 2022. Telephone：966-442-17226 Address：KING ABDULAH, TABUOK, TABUOK, Saudi Arabia. The project includes a bauxite mine situated in central Saudi Arabia, which connects by rail to an integrated facility consisting of an alumina refinery, smelter, and Jan 10, 2024 · The net profit of the Saudi Arabian Mining Co. READ MORE Mar 11, 2024 · Saudi Arabian Mining Company (Ma’aden), the Gulf’s largest miner, is working to extract lithium from seawater. Find the latest Saudi Arabian Mining Company (Ma'aden) (1211. And we export our products to over 30 countries over the world. Discover top Mining companies in Saudi arabia for a powerful list of business leads and contacts, tailored to supercharge your company's sales efforts. Ma’aden is the largest mining company in the Middle East. We are committed to attain and maintain our mining processes at international standards, respecting both the environment, health and the safety of our employees at the workplace. Jan 11, 2023 · Saudi Arabia has launched a mining fund that plans to invest up to $15bn of capital in overseas assets according to people familiar with the details, as the country works to reduce its dependence May 21, 2024 · Saudi Arabian Mining Company Ma'aden has successfully extracted lithium from seawater, although not at levels that are commercially viable and its project remains at the pilot stage, its CEO told Dec 28, 2023 · Samples taken indicated the presence of high grade gold deposits of 10. The binding share purchase and subscription agreement includes $950m in Ma’aden shares and $150m in cash as consideration. The Company's principal business lines are mineral exploration, development and production. In an Jul 11, 2023 · The Saudi Arabian Mining Company, Ma’aden announced the launch of its Local Content program, Tharwah (Wealth), which focuses on maximizing the contribution of the mining industry to the Saudi Arabian economy in line with the country’s Vision 2030. Saudi Arabian Mining has a broad commodity . We extend extensive exploration drilling in the Gulf region and the Middle East for more than three decades. The second largest mine with approximately 9. Ltd Founded in 2007 we have successfully introduced large scale mining to Saudi Arabia at the Al Jalamid project in Northern Saudi Arabia. Saudi’s Public Investment Fund is the major shareholder in Ma’aden, with a 67. Ma’aden’s center of excellence focuses on exploration, project development and engineering, sustainability and innovation. Jun 14, 2024 · Saudi Arabia's mining minister plans to meet with his Chilean counterpart in Santiago at the end of July to discuss potential investments in lithium, a Chilean government source said on Friday. Click here. 5 8. 7 billion in 2022 Published: January 15, 2024 12:21 Gulf Ma’aden is the largest multi-commodity mining and metals company in the Middle East and among the fastest-growing mining companies in the world, with revenues of SAR 26. It operates 17 mines and sites, and aims to develop the mining industry into the third pillar of Saudi economy. Jun 13, 2023 · Ma’aden is the largest mining company in the Middle East, with a market value of $45. 3 billion in February 2023. AMAK Mining Company | 28,282 followers on LinkedIn. Valcambi and Ajlan & Bros Mining is building a state-of-the-art refining facility in Saudi Arabia for precious metals and Platinum Group Metals (platinum, palladium, rhodium and iridium) with capacity of 250 tons per annum. Leading listed (Tadawul) mining company of Saudi Arabia | The flagship mine, Al Masane Copper Zinc Mine, is located in the South-West of Saudi Al Jalamid Mine in Al Riyadh, was the largest mine in Saudi Arabia, producing approximately 9. Saudi Arabian Mining Company operates in the mining industry. 9 mln; Q3 loss at SAR 83. Jun 5, 2022 · Ma’aden is the largest mining company in the Middle East. 1% stake in the Ma’aden JV to the Saudi Arabian Mining Company (Ma’aden) for approximately $1. 13bn). Ma’aden dropped from 2. It has a portfolio of mineral assets at various developmental stages including exploration, development and production. Alarabiya Mining Company, AMC. 2 billion Saudi Riyal in 2018 in profits to 847. Saudi Arabian Mining Co. This is Feb 21, 2024 · ASX- and TSX-listed Perseus Mining has entered into a cooperation agreement with Ajlan & Bros Mining & Metals Company (ABM), the mining division of Saudi Arabia-based investment conglomerate This article lists the largest companies of Saudi Arabia in terms of their revenue, net profit and total assets, Mining: 1681 Almarai: Riyadh 3. Saudi Arabia has 32 identified mines listed in The Diggings™. His Excellency Yasir Bin Othman Al-Rumayyan is the Chairman of the Board of Maaden - Saudi Arabian Mining Company since the end of September 2019, the Governor of the Public Investment Fund since 2015, and serves as the advisor to the General Secretariat of the Cabinet of Ministers, a position he has held since 2016. 2% stake by Saudi’s Public Investment Fund. Ma’aden is a leading mining and metals company in the Middle East, with revenues of SAR 26. New from Lusha Engage: Effortlessly Transform Prospects into Leads with AI-Powered Email Sequences. The Saudi Arabian Mining Company, commonly known as Maaden, the Gulf’s largest mining company, is leading the mission alongside the Public Investment Fund. . 57B in 2023; Q4 at SAR 890. ’s shares in Ma’aden Wa’ad Al Shamal Phosphate Company, a joint venture between Ma’aden and SABIC, which represents 25% of the company, in exchange for newly issued shares in Ma’aden. SCMS, one of the leading mining contractors in the Middle East offers end to end mining services to prospective projects. Mining Cooperation & Chiefing Jelong Welcome to Saudi Comedat Co. engages in the exploration and development of mineral and metal resources. Jan 1, 2024 · Saudi Arabian Mining Company (Ma’aden) has announced the discovery of significant gold resource potential extending along a 100km strike from the existing Mansourah Massarah gold mine. It signed two joint venture agreements with Barrick Gold in January 2023 and recommended a capital increase of $3. 6 mmtpa of ROM, was the Al Shamal Mine located in Northern Borders The top companies hiring now for mining jobs in Saudi Arabia are McKinsey & Company, WSP, Aggreko, LLC, Bupa Arabia, Parsons, Minopex, UNITED INTERNATIONAL TRADING COMPANY, SAUDI ARABIA. 6 billion by granting bonus shares. AGC provides services ranging from individual consulting through complete “turnkey” operations. Alcoa and the Saudi Arabian Mining Company (Ma’aden) formed a joint venture in 2009 that has created the world’s largest, lowest cost fully integrated aluminum facility. In 2008, Al ARABIYA Mining was established as a limited company with headquarters in Saudi Arabia, in addition to branches launched in Egypt, Yemen, Sudan and Syria, to become one of the leading companies in geology & mining research in addition to quarries management especially in cement industry in both KSA and Arab region. Oct 29, 2021 · Saudi mining company Ma’aden turns $826m profit in first nine months of 2021 . Jan 20, 2008 · Saudi Arabian Mining Co SJSC is a Saudi Arabia-based company, which is engaged in the mining sector. “There is good research in the kingdom with Ma’aden …and Aramco because the Jul 1, 2024 · Top 180 largest Saudi Arabian Companies by Market Cap. 4 grams per tonne (g/t) gold and 20. The Companyâ s principal mining activities are at the Mahd Adâ Dahab, Al-Hajar, Bulghah, Al-Amar, Sukhaybarat, As Suq, Al Jalamid, Az Zabirah, Al-Ghazallah and Al Baitha mines. 6B in revenue, Saudi Arabian Mining Company (Ma'aden) is ranked first 1 day ago · Alcoa has agreed to offload its 25. E. We are Saudi Arabia’s only large scale full service mining company that offers solutions to your mining and quarrying needs. 1 day ago · Alcoa has agreed to offload its 25. HM-EST SAUDI ARABIA. 2 10 mines Find detailed information on Mining, Quarrying, and Oil and Gas Extraction companies in Dammam, Saudi Arabia, including financial statements, sales and marketing contacts, top competitors, and firmographic insights. 7 billion in 2023. 36 billlion Saudi Riyal in losses. Business & Economy Saudi Ministry of Industry issues 1,795 mining licenses until September . Ma’aden is the leading mining and metals company in Saudi Arabia, and the tenth largest mining company in the world according to market capitalization. 02B in Q2 6 M 2024 Maaden Q1 2024 profit jumps to SAR 981. It is the kingdom’s largest mining Alarabiya Mining Company, AMC. Contact Information. 7 13. Ma'aden was formed by Royal Decree in 1997 to facilitate the development of Saudi Arabia's mineral resources, as the largest mining company in Saudi Arabia and Meet the largest independent mining company We employ the latest technology available from around the globe to provide world-class mining solutions. Company Bylaws. 1bn (SR4. The binding share purchase and subscription Oct 25, 2023 · Saudi Arabia’s flagship mining company Ma'aden is working to extract lithium from seawater, its chief executive Robert Wilt said on Wednesday, as competition for the rare metal rages between the Aug 19, 2020 · Saudi Arabian Mining Co SJSC is a Saudi Arabia-based company, which is engaged in the mining sector. , Abdul Latif Jameel Group - Toyota KSA, Worley, Islamic Development Bank Jul 25, 2024 · The Ministry of Industry and Mineral Resources in the kingdom of Saudi Arabia has unveiled the largest mineralised belts in history and is inviting major mining and exploration companies to participate in current exploration licensing rounds. In February 2022, it announced plans to double the company’s capital to nearly $6. Company History. Manara Minerals Investment Company (Manara) is a new venture between the Saudi Arabian Mining Company (Ma’aden) and the Public Investment Fund (PIF) to invest in mining assets globally and support the development of resilient global supply chains. The company owns and operates its fleet of heavy equipment’s and trucks to meet the customer requirements. Focus in Gold, Base Metal and Industrial Minerals that grows through responsibility developing assets and people. We offer consulting services, technical expertise, operation management and training to provide you with the necessary information to assess your projects. Listed below are the leading companies in Saudi Arabia by revenue as of September 2024. Company overview. 4 mln 9 M 2023 Dec 28, 2023 · Saudi Arabian Mining Company (Ma’aden) has announced the discovery of significant gold resource potential extending along a 100km strike from the existing Mansourah Massarah gold mine. 8 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. Yasir Bin Othman Al-Rumayyan. The most commonly listed primary commodities in Saudi Arabia mines are Gold , Zinc , and Silver . 7M 3 M 2024 Maaden net profit slumps 83% to SAR 1. MA'ADEN (Saudi Arabian Mining Co. The new discovery is said to be the first find from the company’s exploration programme, launched last year. Our footprint extends over much of the Kingdom, from our headquarters in Riyadh to our mines in the interior, our deep-water port on the Arabian Gulf to the industrial city of Wa’ad Al Shamal in the Northern Borders. is working toward becoming the second largest mining company in the Kingdom thanks to the support offered by the government authorities, said its chairman. BOX 68861 Riyadh 11537; Kingdom of Saudi Arabia; Tel: +966 (0) 11 874 8000; Fax: +966 (0) 11 874 8300; info@maaden. 4M 12 M 2023 Maaden 9M 2023 profit drops 92% to SAR 686. This is the first find from the company’s extensive exploration programme, launched in 2022, aimed at building Ma’aden’s production pipeline. Ma’aden is among the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East. sa Ma’aden is among the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East. TMC is a Saudi Arabian company specialized in exploration and mining solutions for the mining industry in Saudi Arabia. Equity Sector Sales Specialist - Mining. Chairman - Non-Executive. To engage in the various aspects of mining activities relating to all stages of the mining industry. It mines gold, phosphate rock, bauxite, low-grade bauxite, The company was founded on March Ma’aden is among the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East. 9 0. Contributing in the Saudi’s economy, Muadinoon is one of the best suppliers of minerals such as industrial silica. At the time these mines were surveyed, 11 mines in Saudi Arabia were observed to have ore mineralization in an outcrop, shallow pit, or isolated drill hole—known as an occurance mine. Latest updates. Saudi Arabian Mining Co (Ma’aden) is a mineral resource company. China is the biggest processor and consumer of lithium, because of its mass production of electric and hybrid vehicles. 12 billion) in 2021. 1 H. O. com. Get the latest Saudi Arabian Mining Company SJSC (1211) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment Jan 15, 2024 · Saudi mining company Ma’aden launches region’s first digital mine The multi-commodity mining and metals company earned revenues of $10. We have granite quarry of the best species and colors in Saudi Arabia and we look forward to cooperate with any company and joint investment with companies in friendly countries where our available. Maaden was formed by the Royal decree number m/17 date 14/11/1417 (H) to under-take all mining activities and development of mining sector in the kingdom. SR) stock quote, history, news and other vital information to help you with your stock trading and investing. Mar 8, 2024 · Saudi Arabia and the United Arab Emirates' national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift Dec 29, 2023 · Saudi Arabian Mining Company (Ma’aden) has discovered significant gold extending along a 125km strike from an existing gold mine in the country. Responsibly Mining For the Better Future. Aggreko Middle East. 7 billion ($7. The Al Jalamid Mine is owned by Saudi Basic Industries Corp;Saudi Arabian Mining Co, and is due to operate until 2045. 1% stake in the Ma'aden JV to the Saudi Arabian Mining Company (Ma'aden) for approximately $1. Ma’aden is among the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East. 5 - 10 Years; Riyadh - Saudi Arabia; Minimum 5 years of successful high-level sales experience in the industrial services environment;Experience of selling (or renting) capital equipment or selling a technical / en Mar 12, 2024 · The Saudi Arabian Mining Company – the Gulf's largest mining operation – is currently working to extract lithium from seawater. hcmwfirsebgrnpfikmeypfombrvgyslmjiggnmeuzcybevfi