Saudi Arabia

Saudi/French Venture To Invite Tenders For Gold Refinery

The Saudi-French joint venture, Dhahab owned 51% by Saudi interests and 49%by the French firm Thomson-CSF will next month invite tenders for theconstruction of a gold refining plant in Jiddah, a company official said earlierthis month. The plant will have a capacity to refine 110 tons annually, risingto 160 tons, and the award of the $6mn construction tender is expected inJanuary, with start...