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Saudi’s Maaden set to double gold production by 2030...
22 Sep, 2025 13:57 199 min read
Saudi Arabia's Ma'aden plans to double its gold production by 2030 and establish a rare earths supply chain, backed by an annual investment of nearly $2.5 billion over the next five years. The state-owned miner is leveraging Saudi Aramco's geological data to accelerate exploration, particularly for copper, emphasizing a strategy of "speed and scale." Ma'aden is bolstering its efforts through collaborations with international firms like Barrick Mining and Ivanhoe Electric. Its international arm, Manara, will also drive overseas investments to support this ambitious organic growth agenda.... More