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Producing copper and zinc concentrates, as well as silver and gold bars.
Overview
Al Masane Al Kobra Mining Co. (AMAK) was established in 2007 as a Saudi joint stock company in Jeddah, with capital of SAR 450 million. The company practices its core activities through its two mines: Al Masane Mine and Guyan Mine. AMAK produces silver and gold bars, and zinc concentrates. It also extracts granite, nickel and lead concentrates, in addition to the manufacture of granite. The company blasts rocks and establishes factories to produce tiles and other building materials.
Basic Information
City: | Najran |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 2008 |
Commercial Register: | 5950123986 |
Website: | www.amak.com.sa |
srajkhan@amak.com.sa | |
Phone | +966 17 529 2264 |
Fax | +966 17 523 8722 |
Address | Unit no. 2 - Building 7874 - Najran 66244 |
PO Box | 3181 |
Argaam Classification
Industry Peers
Saudi Arabian Mining Co. |
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 79.54 |
Free Float % : | 88.38 |
Weight in Index % : | 0.20 |
3M Average Volume : | 781,538 |
3M Average Transactions : | 2,251 |
Change(12M) % : | 2.45 |
Major Shareholders
Name | Number of Shares (M) | Holding |
---|---|---|
Arab Mining Co. | 12.82 | 14.24 % |
Asas Mining Co. | 12.00 | 13.33 % |
National Lead Smelting Co. Ltd. (Rasass) | 5.46 | 6.07 % |
Milestones
29-03-2022
03-10-2021
The company’s capital was increased to SAR 563.28 million from SAR 476 million.
22-03-2021
The company’s capital was decreased to SAR 467 million from SAR 820 million.
2021
Guyan Mine commenced the production of gold bars.
28-10-2018
The company’s capital was increased to SAR 820 million from SAR 780 million.
2018
Al Masane Mine commenced the production of silver and gold bars as byproducts.
17-05-2016
The company’s capital was increased to SAR 780 million from SAR 740 million.
2016
The company started the exploration drilling program of Guyan gold project.
30-03-2015
The company’s capital was increased to SAR 740 million from SAR 550 million.
09-12-2012
The company’s capital was increased to SAR 550 million from SAR 500 million.
06-04-2011
The company’s capital was increased to SAR 500 million from SAR 450 million.
2011
Al Masane Mine commenced operations.
16-01-2008
It was established as a Saudi joint stock company with capital of SAR 450 million.
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