Exchange: Tadawul Symbol: 1211 ISIN: SA123GA0ITH7 Industry: Industrial Investment

Saudi Arabian Mining Company (Ma’aden)

Ma'aden is a leading mining and metals company in the Kingdom of Saudi Arabia, with a diverse portfolio of mineral assets at various stages of development including: exploration, development and production. Ma'aden has a broad commodity focus spanning gold, zinc, phosphate, aluminum, and industrial minerals, it is continually assessing opportunities to enter into new commodities that demonstrate strong long-term fundamentals and opportunities for growth, in line with our strategy.

Financial Highlights

Ticker: 1211
Previous Close: SAR 42.15
Market Cap: SAR 4.93B
52 Weeks High: SAR 59.60
52 Weeks Low: SAR 39.60
Shares Outstanding: 0.12B
Float: 403,8M
Fiscal year end: December

(Millions of Saudi Riyals) 2018 2017
Total Revenues 14,171 12,086
Gross Profit 5,102 3,934
Net Profit 2,246 784
Net Profit per common share (SAR) 1.58 0.61
Total assets 98,029 95,117
Total liabilities 61,335 60,587
Total equity 36,694 34,530
Cash and cash equivalents at the end of period 5,320 4,282

Selected Financial Information

Our Strategy

Ma’aden’s Strategy aligned to Vision 2030

  • Focus on cost and productivity
  • Operational, capital and commercial excellence
  • Profitability and returns in line with international peers
  • Best-in-class capabilities and technology
  • Leadership in sustainability, health, safety and environment
  • Grow in Saudi fertilizers, aluminum, gold and base metals
  • Grow in Saudi selected industrial minerals
  • Champion the development of the Saudi mining sector
  • Leverage world class selected KSA deposits to be a world leader
  • Grow globally in selected commodities

Board of Directors
  • H.E. Eng. Khalid bin Abdulaziz Al-Falih
  • H.E. Suliman bin Abdulrahman Al-Gwaiz
    Vice Chairman, Non-Executive Director
  • H.E.Eng. Abdullah Bin Ibrahim Al-Saadan
    Non-Executive Director
  • H.E. Eng. Khalid Bin Saleh Al-Mudaifer
    Non-Executive Director
  • Richard O’Brien
    Non-Executive Director
  • Dr Klaus Kleinfeld
    Non-Executive Director
  • Eng. Abdullah Bin Mohammed Al-Issa
    Independent Director
  • Lubna Bint Suliman Al-Olayan
    Independent Director
  • Eng. Azzam Bin Yaser Shalabi
    Independent Director
Senior Management
  • Darren Davis
    President & CEO
  • Ali Saeed Al Qahtani
    Vice President Finance & Chief Financial Officer (Acting)
  • Khaled Bin Salem Al-Rowais
    Senior Executive Advisor
  • Abdulaziz Asker Al-Harbi
    Senior Vice President, Corporate Services and Security
  • Khaled Bin Sulaiman Alohali
    Vice President, Corporate Strategic Affairs
  • Nabil Bin Abdulaziz Al-Fraih
    Executive Advisor to the CEO and Senior Vice President, Human Capital
  • Riyadh Bin Sa’ad Al-Nassar
    Senior Vice President, Aluminium SBU (Acting)
  • Abdulaziz Nasser Al-Najim
    Vice President, PME and Business Improvement
  • Emad Mahmoud Al-Saadawi
    Vice President, Corporate Exploration (Acting)
  • Eng. Hassan Madani M. AlAli
    Senior Vice President, Phosphate and IM Business (Acting)
  • David Schummer
    Senior Vice President, Gold and Base Metals
  • Ayed Hamoud Al-Mutairi
    Vice President, Corporate Strategy and Development
Company Contact

P.O. Box 68861 Riyadh 11537
Phone: +966 (1) 874-8123
Fax: +966 (011) 874-8300