To cut and push up prices or not to cut and preserve market share.
Saudi Arabia Mining News
Mining vast untapped reserves of bauxite, phosphate, gold, copper and uranium is key to the Saudi Arabia's efforts to diversify its economy away from hydrocarbons.
Demand for Saudi crude may be lower in January compared with December - Khalid Al-Falih
King Salman inaugurated the Waad Al-Shamaal mining project, which is expected to boost the kingdom's GDP by $6.4 billion and its non-oil GDP by 3%.
The project is part of an industrial scheme aimed at opening up Saudi's north to development that will boost job creation.
A technical committee representing the coalition projected on Saturday a global oil surplus will resurface in 2019.
Another executive pulls out of conference due to widespread concern about the fate of journalist Jamal Khashoggi.
The country’s crude exports reached a record of 3.59 million barrels a day.
Could OPEC be on the way out? Maybe.
The Canadian miner said it has a strong relationship with partner Ma’aden.
Dawadmi is presumed to have been a hub from where mining products were exported 1,200 years ago.
Higher production doesn't necessarily mean higher oil prices are entirely out of the question.
Since the commodities supercycle unwound nearly 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices.
The price of zinc fell to a four month low on Thursday – there's much more pain to come says new report.
Saudi Arabia wants to pour $200 billion into solar to build the world's largest solar project.
Ma'aden operates six gold mines in the Central Arabian Gold Region, western Saudi Arabia which contains much of the Kingdom's gold rich ore deposits.
OPEC has released a new market whammy, offering up the cartel’s production figures, which largely jive with figures reported by the IEA.
Over the last 15 years, America has been turning away from traditional oil suppliers in the Middle East to more trusted sources, closer to home.
The Ad Duwayhi gold mine in Saudi Arabia has begun commercial production, Saudi Arabian Mining Co. (Ma'aden) (TADAWUL:1211) said on Sunday.
According to Bloomberg, the Russian Energy Ministry issued a statement that "Energy Minister Alexander Novak and the heads of Russia's biggest oil companies discussed the possibility of working with OPEC."
Last week a major diplomatic crisis developed between Saudi Arabia and Iran over the Saudi execution of Nimr al Nimr, a charismatic Shiite cleric and anti-Sunni political activist.
Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.2 million barrels per day (b/d) in September, down 60,000 b/d from August as Saudi Arabia further reined in supply, according to a just-released Platts survey of OPEC and oil industry officials and analysts.
Monitoring, detecting pipeline corrosion still a 'crude' affair.
Levels of conflict and political violence have risen significantly in 48 countries, most of them considered traditional mining destinations.
Saudi oil minister says his country 'welcomes this new source of energy.'