Saudi Arabian Mining Co (1211.B)

• Stock
• Company Profile
• News
• Announcements
• Fair Values
• Corporate Actions
• Earning Announcements
• News Reports
• Major Shareholders
• Volume Statistics
• Financial Ratios
• IPOs
• Financial Statements
• Support and resistance
• More

News

13 July 2023 11:11 AM Ma’aden completes stake acquisition of Ivanhoe; new JV announced

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) has acquired a 9.90% equity ownership in US-based firm Ivanhoe Electric Inc., according to a bourse disclosure. Under the heads of terms agreement that was signed last May, the two entities …

Companies Investments

9 July 2023 04:43 PM Ma’aden deposits proceeds from fractional shares sale

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) deposited the proceeds from the sale of fractional shares in the accounts of eligible shareholders, according to a bourse filing. The number of sold shares is 5,321, while the fractional …

Companies Investments

2 July 2023 05:42 PM Gas Arabian Services receives order from Ma’aden for Aramco’s station

Riyadh – Mubasher: Gas Arabian Services Company has received a purchase order from Saudi Arabian Mining Company (Ma’aden) to upgrade the gas metering station of Saudi Arabian Oil Company (Aramco). The contract value stands at SAR 38.65 million, …

Companies Investments

8 June 2023 03:25 PM Ma’aden announces SAR 12.3bn capital increase via bonus shares

Riyadh – Mubasher: The shareholders of Saudi Arabian Mining Company (Ma’aden) greenlighted a 50% capital raise to SAR 36.91 billion from SAR 24.61 billion by granting one bonus share for every two shares. Ma’aden will capitalise SAR 12.30 billion …

Management Decisions

22 May 2023 01:10 PM Ma’aden’s net profits shrink to SAR 419.5m in Q1-23

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) posted 80.69% lower net profits after Zakat and tax at SAR 419.41 million in the first quarter (Q1) of 2023, versus SAR 2.17 billion in Q1-22. Ma’aden achieved revenues amounting to SAR …

Financial Results

16 April 2023 02:25 PM CMA approves capital increase for 2 listed mining companies

Riyadh – Mubasher: Saudi Arabia’s Capital Market Authority (CMA) passed the requests of Saudi Arabian Mining Company (Ma’aden) and Almasane Alkobra Mining Company (Amak) to raise their capital by issuing bonus shares. Ma’aden aims to increase its …

Corporate Actions

13 February 2023 03:40 PM Ma’aden announces SAR 9.31bn profits in 2022, capital hike proposal

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) recorded net profits after Zakat and tax worth SAR 9.31 billion in 2022, higher by 78.26% than SAR 5.22 billion a year earlier. Revenues amounted to SAR 40.27 billion in the …

Management Decisions

22 January 2023 10:35 PM Ma’aden unveils various JV investments with Saudi PIF, global corporations

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) signed joint venture (JV) agreements with the Saudi Public Investment Fund (PIF) and several firms within the Kingdom and worldwide earlier in January, according to bourse disclosures. …

Mergers and Acquisitions

1 November 2022 02:53 PM Ma’aden posts higher profits at SAR 8.3bn in 9M-22

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) registered a net profit after Zakat and tax worth SAR 8.30 billion in the first nine months (9M) of 2022, an annual leap of 164.62% from SAR 3.13 billion. Revenues enlarged by 68.80% …

Financial Results

26 October 2022 04:01 PM Saudi, regional entities participate in carbon credit auction; listed firms top bidders

Riyadh – Mubasher: A total of 15 Saudi and regional entities took part in the largest-ever carbon credit sale, during which 1.40 million tonnes of carbon credits were successfully auctioned at the Voluntary Carbon Market Initiative in the Future …

Event

14 August 2022 06:41 PM Ma’aden reports SAR 6.2bn profits in H1-22 interim results

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) recorded a 232.32% year-on-year (YoY) leap in net profit after Zakat and tax to SAR 6.20 billion during the first half (H1) of 2022, compared to SAR 1.86 billion. Ma’aden generated revenues …

Financial Results

26 June 2022 07:15 PM Tadawul to launch Single Stock Futures in July; 10 listed firms chosen

Riyadh – Mubasher: The Saudi Exchange (Tadawul) will launch Single Stock Futures (SSFs) contracts on 4 July this year to enable the expansion of its Derivatives Market and products. The first tranche of the SSFs will be based on 10 listed …

Trading Activities

31 May 2022 00:00 PM Ma’aden's shareholders nod to 100% capital hike

Riyadh – Mubasher: The Saudi Arabian Mining Company’s (Ma’aden) shareholders have approved to increase its capital by SAR 12.30 billion through bonus shares. Ma’aden will raise its capital to SAR 24.61 billion from SAR 12.30 billion by issuing one …

General Assembly

28 April 2022 03:04 PM Ma’aden witnesses 185% higher profits in Q1-22 initial financials

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) has reported net profits after Zakat and tax worth SAR 2.17 billion in the first quarter (Q1) of 2022, an annual hike of 185.34% from SAR 761.15 million. Revenues soared by 63.56% to SAR …

Financial Results

26 April 2022 02:12 PM CMA nods to Ma’aden, Petro Rabigh’s capital hike

Riyadh – Mubasher: The Capital Market Authority (CMA) has granted its green light for the Saudi Arabian Mining Company’s (Ma’aden) request to increase its capital through bonus shares. The Saudi listed firm will raise its capital to SAR 24.61 …

Management Decisions

7 April 2022 06:45 PM UAE-based EGA, Saudi Ma’aden endorse tech cooperation

UAE - Mubasher: Emirates Global Aluminium (EGA) and Saudi Arabian Mining Company (Ma’aden) have extended their memorandum of understanding (MoU) for further collaboration on technology related to aluminium smelting. Upon the agreement that was …

Companies Investments

27 February 2022 03:02 PM Ma’aden turns profitable in 2021; board proposes dividend halt, capital hike

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) achieved net profits after Zakat and tax worth SAR 5.22 billion in 2021, against net losses of SAR 208.98 million a year earlier. The company’s revenues grew by 44.07% to SAR 26.76 billion …

Management Decisions

10 February 2022 04:53 PM Ma’aden completes 3rd ammonia plant's construction

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) has completed the construction and pre-commissioning activities of the third ammonia plant, part of the Phosphate 3 Project. The project's financial impact will be registered following the …

Companies Investments

23 January 2022 01:26 PM Ma’aden appoints new CEO

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) has appointed Robert Wilt as CEO effective from 1 February 2022 following the end of Abdulaziz AlHarbi's assignment. AlHarbi will occupy the position of Deputy CEO, according to a bourse …

Management Decisions

22 November 2021 04:35 PM Ma’aden inaugurates fertiliser terminal in Malawi

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) and its African subsidiary Meridian Group have opened a fertiliser terminal in Liwonde in Malawi. The terminal is equipped with a 15,000 m2 under-roof facility and has a 40,000 metric …

Companies Investments

25 October 2021 00:50 PM Ma’aden records leap to over SAR 1.2bn in Q3 profits

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) announced a jump of 19,548.8% in net profits after Zakat and tax to SAR 1.27 billion during the third quarter (Q3) of 2021 from SAR 6.47 million in Q3-20. Revenues increased by 43.7% …

Financial Results

14 October 2021 04:47 PM Saudi Airlines Catering pens SAR 180m deal with Ma’aden

Riyadh – Mubasher: Saudi Airlines Catering Company has signed a contract worth SAR 180 million with Saudi Arabian Mining Company (Ma'aden) to provide catering services to Ma’aden. The three-year agreement is effective as of 14 October, according …

Companies Investments

4 August 2021 05:42 PM Ma’aden turns to profits of nearly SAR 2bn in H1-21

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) recorded net profits after Zakat and tax worth SAR 1.86 billion in the first half (H1) of 2021, versus losses of SAR 787.39 million in H1-20. Earnings per share stood at SAR 1.52 in H1-21, …

Financial Results

13 June 2021 02:22 PM Ma’aden nears completion of over $6bn Phosphate 3 project

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) is expecting full operation of it ammonia plant in the first quarter (Q1) of 2022, as construction works are scheduled for completion in Q4 of 2021, Saudi Press Agency reported on Sunday. …

Companies Investments

23 May 2021 04:39 PM Ma'aden announces unscheduled shutdown at ammonia plant

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma'aden) has announced an unscheduled shutdown of the Ammonia Plant, owned by its subsidiary Ma’aden Phosphate Company (MPC). The plan was shut down due to a technical deficiency in one of its …

General News