Al Hariqua: Saudi - Arab consortium JV in negotiations
Potential partners?
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ARMICO, ( Arab Mining Co )
Joint Arab cooperation aiming towards the investment of Arab Mineral Resources by establishing or participating in the establishment of joint ventures through agreements with the concerned Arab Governments, in addition to the Private Sector in the fields of mining and those related and complementary industries.
Headquarters
Amman - Hashemite Kingdom of Jordan
http://www.armico.com.jo/index.php
|
SHAREHOLDERS
|
NUMBER OF SHARES
|
VALUE (KUWAITI DINAR)
|
%
|
|
UNITED ARAB EMIRATES
|
1100
|
11 000 000
|
20.20
|
|
KINGDOM OF SAUDI ARABIA
|
1100
|
11 000 000
|
20.20
|
|
REPUBLIC OF IRAQ
|
1100
|
11 000 000
|
20.20
|
|
KUWAIT INVESTMENT AUTHORITY
|
1100
|
11 000 000
|
20.20
|
|
LIBYAN FOREIGN INVESTMENT COMPANY
|
550
|
5 500 000
|
10.10
|
|
ARAB REPUBLIC OF EGYPT
|
150
|
1 500 000
|
2.75
|
|
REPUBLIC OF YEMEN
|
78
|
780 000
|
1.43
|
|
ARAB INVESTMENT CO./ RIYADH
|
60
|
600 000
|
1.10
|
|
OFFICE NATIONAL DES HYDROCARBURES ET DES MINES/ MOROCCO
|
60
|
600 000
|
1.10
|
|
MINISTRY OF FINANCE- JORDAN
|
55
|
550 000
|
1.00
|
|
REPUBLIC OF SOMALIA
|
55
|
550 000
|
1.00
|
|
REPUBLIC OF SYRIA
|
25
|
250 000
|
0.46
|
|
REPUBLIC OF TUNISIA
|
6
|
60 000
|
0.11
|
|
ISLAMIC REPUBLIC OF MAURITANIA
|
6
|
60 000
|
0.11
|
|
REPUBLIC OF SUDAN
|
2
|
20 000
|
0.04
|
|
|
5447
|
54 470 000
|
100
|
|
|
|
|
|
|
|
Ma'aden, (Saudi Arabian Mining Company)
Ma'aden was formed as a Saudi joint stock company on 23 March 1997 (corresponding to 14/11/1417H) for the purpose of facilitating the development of Saudi Arabia’s mineral resources.
JEDDAH (Gold & Base Metals)
Ma'aden’s gold business is operated through its gold division which explores for precious and base metals within Saudi Arabia. It currently operates five gold mines in Saudi Arabia: Mahd Ad Dahab, Al Hajar, Sukhaybarat, Bulghah, and Al Amar. Ma'aden is also developing one more mining property in Ad Duwayhi and has five advanced exploration projects.
PO Box 13784
Jeddah 21414
Kingdom of Saudi Arabia
http://www.maaden.com.sa/eng/index.htm
