04 Apr Saudi Arabian gold mine begins commercial production
Saudi Arabian mining company, Ma’aden, announced maiden commercial production at the Ad Duwayhi gold mine in Saudi Arabia.
The mine is estimated to produce 180,000 ounces per year and output is expected to reach full capacity by the end of this year.
Saudi Arabia’s largest mining group said the mine, in western Saudi Arabia, had 1.9 million ounces in reserves.
In a separate release Ma’aden announced the Jabal Sayed copper mine, a joint venture with Barrick Gold (NYSE:ABX), has delayed commercial production beyond the first quarter.
The company said it needed to ‘allow for final mechanical testing to be complete’ before commercial production can begin.