VOL. XLVII
No 03
19-January-2004
SAUDI ARABIA
Two Major Saudi Gold Mines To Close In 2005
Two of Saudi Arabias most prominent gold mines Mahd Ad-Dahab in Madinah and Sukhaibarat in al-Qassim are to be shut down in 2005, state-owned Saudi Arabian Mining Company (Ma'aden) announced on 26 December. The former, the biggest gold mine in the kingdom, has produced 35 tons of gold during its 15 years of operation, with annual production ranging from 36,000 to 160,000 ounces. It has a workforce of 270...
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