Type | Government-owned corporation of the Kingdom of Saudi Arabia |
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Industry | Gold and Base Metals mining |
Founded | 2007 |
Headquarters | Jeddah, Saudi Arabia |
Key people | Yahya Al-Shanghiti: |
Products | Gold, Silver, Base metals |
Employees | +800 (2011) |
Maaden Gold (Also called: Maaden Gold and Bases Metal or MGBM) is the largest subsidiary company of Maaden, active in gold, silver and base metals mining. In the beginning, Ma'aden was a department under Petromin operating Mahad Al-Dahab Gold Mine, and another company called Saudi Precious metals company. A merge in 1997 between Saudi Precious metals company and Petromin Gold mining department created the Saudi Arabian Mining Company (Also called: Ma'aden), Later Ma'aden was grown larger, And the Ma'aden Gold company was established later in 2007 as a subsidery of Ma'aden.