VOL. XXXII

NO. 21

27-FEBRUARY-1989

SAUDI ARABIA

Petromin and Boliden to Develop Sukhairat Gold Deposits

Saudi Arabia's Petromin and the Swedish mining, metals and chemicals groupBoliden have reached an agreement to exploit the gold deposits at Sukhairatwhich is located some 750 kms. to the east of Jiddah between Riyad and Madinah,according to an announcement by the Saudi Ministry of Petroleum and MineralResources. For this purpose a new joint venture the Saudi Company for PreciousMetals - is to be...