Construction & Real Estate

Maaden Q2 profit climbs 13pc on higher commodities, strong gold sales

Saudi Arabian Mining Company (Maaden) has reported solid results for the second quarter with its net profit surging 13% to SAR2.18 billion ($580 million) and its revenue hitting SAR10.9 billion ($2.87 billion), helped by higher commodity prices and increased gold sales volumes. ...

Construction & Real Estate

Metso wins contract to deliver gold processing plant in Saudi Arabia

Metso, a global leader in sustainable gold processing technologies, has secured a major contract from Saudi mining giant Maaden to supply a gold processing plant for its Ar Rjum mine located in Makkah. The contract covers commissioning and advisory services for equipment installation. ...

Construction & Real Estate

Bechtel secures $104m EPCM contract from Saudi Maaden

Saudi Arabian Mining Company (Maaden) has announced that it has awarded a major engineering, procurement and construction management (EPCM) contract worth SAR391 million ($104.3 million) to Bechtel for its Ar Rjum gold mine. ...