Ma’aden awards $880m gold mining contract
- Date: 14-Jun-2021
- Source: Eye of Riyadh
- Sector:Oil & Gas
- Country:Middle East
Ma’aden awards $880m gold mining contract
The Saudi Arabian Mining Company (Ma'aden) has awarded a new $880 million contract at its Mansourah-Massarah gold mines, marking the company's largest-ever investment in the gold sector.
The agreement was signed for Jac Rijk Al-Rushaid Contracting and Services Company to provide operational mining services at the gold mines. The range of services will include drilling, scaling, loading, hauling, re-handling, ore control, dewatering, crusher feed, and all related production activities at the mines.