Saudi mining and metals giant Maaden posted a 156 percent increase in net profit attributable to shareholders for 2025, driven by higher commodity prices, record production volumes, and a one-off bargain purchase gain.
The Saudi state miner has been able to grow its reserves base, mainly in gold resources, through targeted drilling across four locations in the kingdom ... .
Finland-headquartered Metso has won the contract to supply a gold processing plant for the Al-Rjum gold mining and processing facility project in Mecca Province... .
Saudi Arabia’s Maaden plans to invest $110 billion into metals and mining over the next decade, the latest move by the state-owned miner as it aggressively expands in the sector ... Maaden will become one ...