Boliden of Sweden to Develop Mahd al-Dhahab Gold Mine
Saudi Arabia's General Petroleum and Mineral Organization (Petromin) and theSwedish mining, metals and chemicals group Boliden have signed an agreement forthe development of the first gold mine at Mahd al-Dhahab in central SaudiArabia, some 275 kms. northeast of Jiddah. The gold mine is expected to yieldabout 120,000 tons of ore and 3,000 kgs. of gold per year, and according to anofficial in...