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Maaden Company: (5) gold exploration projects in Saudi Arabia ... and the goal is to produce one million ounces by 2025
Economy,
May 24.2021 at Macca 11:24
Maaden's acting CEO, Abdulaziz Al-Harbi, said that the company has about 4 to 5 projects to explore gold, and these projects will help reach Maaden's target of producing about one million ounces by 2025.
He added that the company places among its priorities the development of the gold industry in Saudi Arabia.
He pointed out that the company currently has Mansour and Masra projects, and it will add about 260 thousand ounces per year to the company at production, bringing its annual production to 660 thousand ounces, and there are projects on the way such as the Mahd 2 mine, and these projects will work to achieve the company to reach its targets for gold production.