VOL. XL No. 1621-April-1997


Saudi Arabia Establishes State Mining Company

Saudi Arabia has set up a new state-owned company to explore for and developminerals in the Kingdom under a royal decree issued in the first week of April.Commenting on the newly- established Saudi Arabian Mining Company (Ma'adin), theSaudi Minister of Petroleum and Mineral Resources, Mr. Ali al-Naimi, toldthe Saudi Press Agency (SPA) on 9 April that the company's main objectives are to organize the Saudi...