Saudi Arabian Mining Co (1211)

Riyadh – Mubasher: The Saudi Exchange (Tadawul) launched the Single Stock Options (SSOs) contracts on the Saudi Arabian Mining Company (Ma'aden). SSOs are set to be available from 21 April 2024, which will be cleared by the Securities Clearing …

Riyadh – Mubasher: Moody's Investors Service has affirmed the 'A1' ratings of Saudi Basic Industries Corporation (SABIC), Saudi Telecom Company (stc) and Saudi Electricity Company (SEC), and the 'Baa1' rating of Saudi Arabian Mining Company …

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) logged an 83.07% year-on-year (YoY) drop in net profit to SAR 1.57 billion in 2023 from SAR 9.31 billion. Revenues plunged 27.32% YoY to SAR 29.27 billion last year from SAR 40.27 billion …

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) recently appointed Yasir bin Othman Al Rumayyan as its new Chairman for a three-year term effective 25 October 2023. Ma’aden also announced Khalid bin Saleh Al Mudaifer as the Vice Chairman …

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) witnessed an annual decline of 91.73% in net profit after Zakat and tax to SAR 686.92 million during the first nine months (9M) of 2023, compared with SAR 8.30 billion. The earnings per …

Riyadh – Mubasher: A group of 23 strategic partners are supporting the programmes and mission of the Future Investment Initiative (FII) conference in its seventh edition that launched in Riyadh on 24 October 2023, according to a press release. …

Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) achieved net profits after Zakat and tax worth SAR 770.36 million in the first half (H1) of 2023, marking an 87.57% year-on-year (YoY) plunge from SAR 6.20 billion. Revenues declined by …

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 …

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 …

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, …

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 …

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 …

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 …

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 …

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. …

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% …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …