Default Company
1211.O
0.00%
0.00
0.00
1211.O
Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) announced that Ma’aden Gold & Base Metals, a subsidiary, signed on Sunday a financing agreement worth SAR 1.2 billion with Saudi Industrial Development Fund to develop Al-Duwayhy mine.
The loan will be repaid in fourteen installments over seven years and was financially guaranteed by Ma'aden, the company added.
Source:
Mubasher