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Muadinoon Mining Co

Overview

MUADINOON is a progressive corporation involved in the mining and sale of minerals and raw material to a wide range of industries. Contributing in the Saudi economy, Muadinoon is one the country important suppliers of minerals such as industrial silica and iron. We are committed to attaining and maintaining our mining processes at international standards, respecting both the environment and the safety of its employees at the workplace. Saudi Arabia has undertaken many efforts to diversify its economy. In its Sixth Five Year Plan, the government established a goal of 9% growth per annum for the mining sector, particularly in the development of mineral resources. The Arabian Shield (ANS), an exposure of Precambrian crystalline rocks on the flanks of the Red Sea to the west of Saudi Arabia, contains substantial deposits of precious and non-precious metals and other minerals. Most of this formation has been mapped with the assistance of the U.S. Geological Survey and its French counterpart, the Bureau de Recherches Geologiques et Minieres. Petroleum and Mineral Resources Minister Al-Naimi once declared in a speech that, "We in the Kingdom do not just aim at exploiting our mineral wealth and then selling the product in the world markets. Our target is to develop a national industry based on these minerals." We are determined to take on that challenge and to transform our business into a global multinational of high regard and reputation. Muadinoon was founded by Mr Saud Bin Abdullaziz Al Abdullaziz. Supported by the Deputy Ministry for Mineral Resources, Muadinoon currently operate silica sand mines, while undergoing geological and feasibility studies for new materials.