Saudi Arabian mining giant Maaden has raised $1.25bn from its inaugural Islamic bond (sukuk) sale, marking a milestone in its $12bn expansion investment programme through the end of the decade.

Maaden’s board will make a final decision on new investments in gold and phosphate production around the middle of this year, Wilt said. Maaden is unlikely to tap bond markets again soon but may ...

Saudi Arabian Mining Co., commonly known as Maaden, has raised $1.25-billion from its debut Islamic bond sale as the company looks to fund a huge expansion program over the next five years.

Saudi Arabian Mining Co., commonly known as Maaden, has raised $1.25 billion from its debut Islamic bond sale as the company looks to fund a huge expansion program over the next five years. Maaden ...

Maaden is expanding gold, phosphate and aluminium operations, and boosting copper exploration in Saudi Arabia. Credit: assistant/Shutterstock. Saudi Arabian mining giant Maaden has raised $1.25bn from ...

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It’s also ramping up efforts to explore for more copper in the kingdom. Maaden’s board will make a final decision on new investments in gold and phosphate production around the middle of this year, ...

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Saudi Arabian Mining Company (Ma’aden) has successfully raised $1.25 billion from its first international issuance of senior unsecured Sukuk, marking one of the most successful inaugural Sukuk ...