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
Tel: +966 (0) 11 874 8187
aluminium-sales@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 signs over SR1 billion contract to construct Ad Duwayhi Gold plant

Feb 24, 2013

Riyadh, Saudi Arabia 25th February 2013:

Ma’aden Company announced yesterday that its affiliate, Ma’aden Gold & Base Metals Company has signed a contract worth SR1.018 billion with Hanwha Engineering and Construction to construct a Gravity-CIL Gold Processing Plant at the Ad Duwayhi Gold Mine site currently under development in a remote area of the desert between Riyadh and Taif.

Engr. Khalid Al Mudaifer, Ma’aden President and CEO reiterated that this contract includes completing detailed engineering, procurement, construction, pre-commissioning, commissioning, start-up assistance and training services. The Ad Duwayhi Gold Mine Facility is a key part of Ma'aden's program to develop several new gold mine facilities in the central western region of Saudi Arabia which contains much of the Kingdom's gold rich ore deposits. “The Plant will process approximately 2 million tons of ore per annum from the adjacent open pit mine, and is scheduled for completion by the end of 2014. It is estimated the Ad Duwayhi Golf Mine Facility will produce approximately 180 thousand ounces of gold per annum, and more than 1.6 million ounces over the life of the mine,” Al Mudaifer said.

The project will help create approximately 144 direct jobs, 200 indirect jobs in the surrounding area, and an estimated 600 jobs with contractors and service suppliers. In addition, Ma’aden will contribute to regional sustainability and enhance education quality by providing mining training courses in cooperation with Missouri University of Science and Technology and TVTC.

"The signing of this contract represents an important early milestone in our program to expand development of Saudi Arabia's gold ore deposits, and this project will make a substantial contribution to Ma'aden's overall gold production capacity” said Engr. Khalid Al-Mudaifer, Ma’aden President and CEO.

For further information please contact:

Mr. Bander M. Al-Aida
Section Head, Media Relations

E: media@maaden.com.sa

MEDIA CONTACTS

Mr. Bander M. Al-Aida

Section Head, Media Relations

media@maaden.com.sa

Annual Report 2013

Annual Report
Last Footer Border