Gold mining in Saudi Arabia in decades are now able to put the production of gold mining in the world market, although Saudi Arabia is the largest oil producer in the world, but in around 1997 the government of Saudi Arabia established the Saudi Arabian Mining Company (Ma'aden) which is an investment in the mining sector.
Saudi Arabian Mining Company (Ma'aden) Careers About Saudi Arabian Mining Company (Ma'aden) Ma'aden was formed as a Saudi joint stock company on 23 March 1997 (corresponding to 14/11/1417H) for the purpose of facilitating the development of Saudi Arabia's mineral resources.
MA'ADEN (Saudi Arabian Mining Co.) is a diversified mining company, active in gold base metals mining and infrastructure industry. Ma'aden 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.
Jabal Sayid is located 350 kilometres north east of Jeddah in Saudi Arabia. Byrnecut Offshore was awarded the development and production contract for Jabal Sayid in September 2010. Byrnecut Offshore was initially involved in the dewatering and rehabilitation of old abandoned workings prior to the commencement of mining operations.
(Fortune Magazine) -- A new generation of fortune hunters is seeking riches under the sands of Saudi Arabia. But this time they're searching for gold - the shiny kind, not the black, liquid variety - and potentially even more lucrative metals and minerals.
Ma'aden is the leading mining and metals company in Saudi Arabia. We are building a minerals based industry in Saudi Arabia to add value to the Kingdom's gold, phosphate, bauxite and other mineral resources by producing a broad range of commodities for domestic and global markets.
The Saudi mining sector is expanding, as the third pillar of the Saudi economy, at a projected rate of 9 percent and provides a growing opportunity for U.S. companies. To put it in a geological context, the Arabian Shield is equivalent in size to the Canadian Shield, roughly 1/3 the size of Saudi Arabia; its landscape consists mainly of out ...
Mining Opportunities in Saudi Arabia Among the many efforts being undertaken by Saudi Arabia to diversify its economy, is the development of mineral resources. The Arabian Shield, a geological feature that stretches along the entire Red Sea coast contains substantial deposits of precious and non-precious metals and other minerals.