Ivanhoe Electric Announces Signing of Subscription Agreement by Saudi Arabian Mining Company Ma’aden to Exercise its Top-up Right

2023-10-23 04:08:25 Ma’aden’s Additional Funding Increases the Total Size of the Recent Equity Offering to Approximately $204 Million PHOENIX, AZ / ACCESSWIRE / October 23, 2023 / Ivanhoe Electric (NYSE American:IE) (TSX:IE) Executive Chairman, Robert Friedland and President and Chief Executive Officer, Taylor Melvin are pleased to announce that Ma’aden, the Company’s Joint Venture partner […]

Barrick Gold Broadens Copper Base in Saudi Arabia

2023-01-11 04:40:30 All amounts expressed in US Dollars RIYADH, Saudi Arabia, Jan. 11, 2023 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) today signed new joint venture agreements with Ma’aden for two prospective exploration projects comprising the Jabal Sayid South and Umm Ad Damar license areas. These new prospective joint ventures significantly expand Barrick’s exploration […]

Ma’aden and Ivanhoe Electric to Establish a 50/50 Joint Venture to Explore for Copper, Gold, Silver and Electric Metals in the Kingdom of Saudi Arabia

2023-01-10 23:16:48 Saudi Exploration Joint Venture to Deploy the Disruptive Power of Typhoon™ on a Wide Scale Covering Approximately 48,500 km2 of the Underexplored Arabian Shield Ma’aden to make a US$126.4 Million Strategic Investment into Ivanhoe Electric to Fund the Joint Venture and the Company’sUS Projects PHOENIX, AZ and RIYADH, SAUDI ARABIA / ACCESSWIRE / […]

Ivanhoe Mines’ Executive Co-Chair Robert Friedland and President Marna Cloete Will Present at the Future Minerals Forum in Saudi Arabia, January 11-12

2023-01-03 07:24:15 H.R.H. Abdulaziz bin Salman Al Saud, Minister of Energy, Kingdom of Saudi Arabia H.E. Yousef Al Benyan, Minister of Education, Kingdom of Saudi Arabia H.E. Antoinnette N’samba Kalambayi, Minister of Mines, Democratic Republic of Congo H.E. Kairbek Uskenbayev, Ministry of Industry and Infrastructure Development, Kazakhstan Robert Wilt, CEO, […]

Saudi Arabian mining giant Ma’aden reports 19,549% net profit growth in third quarter

2021-10-25 11:43:00 Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Today, the Saudi Arabian Mining Company (Ma’aden) announced that in Q3 2021, its net profit was 1,271,851,410 Saudi […]