If you'd like to get contact with us, please send an email to info@maaden.com.sa or you can contact one of our offices below:

SAUDI ARABIAN MINING COMPANY

Head Office - Riyadh
P.O. BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8000
Fax: +966 (0) 11 874 8300
info@maaden.com.sa
Procurement - Riyadh
P.O. BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8096
Fax: +966 (0) 11 874 84444
srm@maaden.com.sa
Public & Media Affairs - Riyadh
P.O. Box 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8409
Fax: +966 (0) 11 874 8057
media@maaden.com.sa
Jeddah
P.O. Box 13784 Jeddah 21414
Kingdom of Saudi Arabia
Tel: +966 (0) 12 229 2600
Fax: +966 (0) 12 229 2651
Al Khobar
P.O. Box 32001 Al Khobar 31952
Kingdom of Saudi Arabia
Tel: +966 (0) 13 811 1970
Fax: +966 (0) 13 811 1964
Jubail
P.O. BOX 11110 Jubail 31961
Kingdom of Saudi Arabia
Tel: +966 (0) 13 347 3333
Fax: +966 (0) 13 347 5682
Investor Relation - Riyadh
P.O BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8123
Fax: +966 (0) 11 874 8132
invest@maaden.com.sa

STRATEGIC BUSINESS UNITS - SBU

Aluminium - Riyadh
P.O. BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Fax: +966 (0) 11 874 8187
aluminiumsales@maaden.com.sa
Phosphate - Riyadh
P.O. BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8329
mktg-online@maaden.com.sa
Gold - Jeddah
P.O BOX 13784 Riyadh 21414
Kingdom of Saudi Arabia
Tel: +966 (0) 12 229 2600
Fax: +966 (0) 12 229 2651
About Image

Ma’aden’s affiliate, Ma’aden Barrick Copper Company has concluded a SAR 750 Million financing agreement with Saudi British Bank for its copper project in Jabal Sayid

Apr 02, 2015

Ma’aden Barrick Copper Company, an affiliate of Saudi Arabian Mining Company "Ma’aden" concluded an agreement with the Saudi British Bank "SABB" to finance its copper project in Jabal Sayid for the amount of SAR 750 Million.

Mr. Khalid Al-Rowais, SVP Finance & CFO of Ma’aden, said that this latest financing confirms Ma’aden’s continued ability to obtain competitive financing terms from the market to meet its ongoing need. Al-Rowais noted that this new Murabaha financing facility would be important in providing the remaining funding required to complete the Jabal Sayid project and to adding copper to Ma’aden’s existing portfolio of products which includes phosphate, aluminum and gold.

Ma’aden had announced in December last year the acquisition of the copper project in Jabal Sayid jointly with Barrick Gold Corporation of Canada following the formation of Ma’aden Barrick Copper Company. It is expected that the project, which is located 120 km south east of Madinah, will begin production in late 2015.

For further information please contact:

Media Relations

E: media@maaden.com.sa

MEDIA CONTACTS

Media Relations
media@maaden.com.sa

Annual Report 2014

Annual Report
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