Ma'aden
was formed as a Saudi joint stock company on 23 March
1997 (corresponding to 14/11/1417H) for the purpose
of facilitating the development of Saudi Arabia’s
mineral resources.
To date Ma'aden's activities have focused on its
active gold business which has grown in recent years
to include the operation of five gold mines: Mahd
Ad Dahab, Al Hajar, Sukhaybarat, Bulghah, and Al Amar.
Ma'aden is now expanding its activities beyond its
gold business with the development of its Phosphate
Project, Aluminium Project, and Other Projects.
In addition, since its formation, Ma'aden (through
the Ministry of Petroleum & Mineral Resources)
has collaborated with the Government and local legislators
to develop a regulatory framework for the governance
of the mining industry in Saudi Arabia.
OUR GOALS
The purpose of the Company is to practice activities
relating to all the stages of the mining industry
including the development and improvement of the mineral
industry, its products and derivatives and all the
related industries. It plans to successfully accomplish
its objectives while operating with the utmost concern
for human resources, health, safety and environmental
issues.
Ma'aden is committed to:
Capitalizing on our mining experience and management
skills, together with the support of the Saudi government
and world-class partnerships, to become a global player
in the mining and minerals industry.
Supplying the increasing global demand for minerals
and the using the Kingdom’s cost-base advantages
to the benefit of our employees, shareholders, the
Kingdom, and the global economy.
Developing world-scale integrated phosphate fertilizer
and mine-to-metal aluminium facilities using the latest
available technologies with highest productivity and
minimum environmental impact.
Developing the mining sector as the third pillar of
the Saudi industry through our existing mega-projects
and their expansions as well as future endeavours.
Becoming a catalyst for the development and diversification
of the Kingdom’s economy.
Being an environmentally and socially responsible
miner, producer and employer, respecting our corporate
social responsibilities and international disclosure
standards.
OUR VISION
To build a world class mineral enterprise.
OUR MISSION
To be a profitable, publicly owned, international
mining company, while maintaining the utmost concern
for human resources, health, safety, environmental
and social issues.
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