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Drilling push pays off with more gold
New discoveries in the Kingdom’s largest gold mine, Mansourah Massarah, and satellite mines could turn it into a broader regional…
CGS awarded two contracts from Aramco and Almarai
PLUS- HSBC is latest to secure a RHQ license from the Investment Ministry
Maaden’s “strategy refresh” in the spotlight
Maaden will spend around USD 2.5 bn a year over the next five years on copper, gold, and rare earth…
Ma’aden taps Saulat Sultan as acting CFO to succeed Louis Irvine
Sultan brings over 20 years of experience in investment banking and corporate finance
Ma’aden begins construction on SAR 28 bn phosphate facility in Wa’ad Al Shamal
Modon is also investing SAR 550 mn in infrastructure
Ma’aden raises USD 1.3 bn from USD-denominated sukuk issuance
The issuance will be listed on the London Stock Exchange’s International Securities Market
Ma’aden kicks off USD-denominated sukuk + Al Rajhi Bank participates in USD 400 mn facility for AFC
PLUS: PIF in talks with Italy’s Sace for EUR 3 bn in loan guarantees
Future Minerals Forum wraps with SAR 107 bn in agreements
The agreements covered exploration, financing, R&D, and sustainability, among others
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