Saudi Arabian Mining Co. - (1211)

41.60 0.27(0.65%) Last Update 30/05/2017 12:31 KSA

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Stock Market: Saudi Stock Exchange
Official Sector: Materials
Market Cap Size: Large Cap
Gulfbase Sector: Basic Material

Company Overview

Establishment Date: 23/03/1997
Paidup capital: SAR 11,684,782,610
Par value per share: SAR 10.00
Outstanding Shares ('000): 1,168,478

Activity:


Maaden is currently focused on its active gold business which has grown in recent years to include the operation of five gold mines: Mahd Ad Dahab, Al Hajar, Sukhaybarat, Bulghah, and Al Amar. Maaden is now expanding its activities beyond its gold business with the development of its Phosphate Project, Aluminium Project, and Other Projects. Additionally it is cooperating with the Government and local legislators to develop a regulatory framework for the governance of the mining industry in Saudi Arabia.
 
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