Saudi Arabia’s Ministry of Industry and Mineral Resources has announced the eight companies that have qualified as bidders for the country’s largest mineral exploration licence at Khnaigiuyah. The qualified bidders include local companies Alara Saudi Ventures, Al Masane Al Kobra Mining Company (AMAK) and state miner...
Saudi Arabia’s Ma’aden has appointed Robert Wilt - a former Alcoa Corp. executive who was most recently chief executive officer of one of Canada’s largest food companies – as its new CEO. Wilt will become the fourth CEO of the state controlled mining firm in the...
The number of mining complexes in Saudi Arabia has reached 360, according to latest data released by the Saudi Ministry of Industry and Mineral Resources. The ministry said these mining complexes extract gold, copper, zinc, aluminum, magnesium, iron, silica, gypsum, limestone, clay and various other industrial...
Saudi Arabia has appointed Yasir al-Rumayyan, governor of the country’s Public Investment Fund (PIC), as the new chairman of state-run mining company Ma’aden, replacing former energy minister Khalid al-Falih. The appointment is a further demonstration of the shifting power stakes at the top level of Saudi...