Saudi Arabia, the world’s top oil exporter and OPEC's largest producer, has influenced the oil market and oil flows since the middle of the 20th century.
Saudi Arabia Mining News
The reason for central banks’ recent gold accumulations has little to do with safe havens and a lot to do with chipping away at the US dollar’s role as the reserve currency.
United Nations officials and atomic regulators are poised to loosen rules on the industry, unlocking finance to take more radioactive material out of the ground without corresponding new checks.
Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector.
Saudi Arabian Mining Co. plans to boost gold output from about 415,000 ounces this year to one million by 2025.
Klein won’t have to share his fees with other large U.S. or European investment banks.
"The law allows 100 percent ownership...and you can apply for exploration or mining licenses."
The Saudis have the two key ingredients to continue pumping oil till kingdom come—huge reserves and low production costs.
To cut and push up prices or not to cut and preserve market share.
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.