VOL. XLIV
No 47
19-November-2001
SAUDI ARABIA
Ma'aden Announces Start Of BulghahGold Mine Development
State-owned Saudi Arabian MiningCompany (Ma'aden) announced on 3 November that development work was starting onthe Bulghah gold mine in the al-Madina area, at a total cost of SR200mn($53mn). The company had earlier received cabinet approval for a 25-year mininglicense covering a 39 sq km plot at Bulghah. Exploration work in the arearevealed a 30mn ton resource of low-grade (1gm/ton) ore that will...
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