Maaden Mineral Resources Growth Boosts Gold Reserves after the Saudi Arabian Mining Company (Maaden) announced a significant rise in its gold resources, adding 7.8 million ounces.
The update was released on January 29, 2026, highlighting continued expansion across Saudi Arabia’s mining sector.
Resource Expansion Sites
The growth comes from targeted drilling at four key locations:
- Mansourah Massarah one of Maaden’s largest gold mines
- Uruq 20/21 new mineralisation discovered
- Umm Al-Salam resource extensions identified
- Wadi Al-Jaww newly defined gold resource
Additional exploration in the Central Arabian Gold Region and near the historic Mahd site has also identified deeper mineralised zones, which could extend mine life.
it is also conducting early-stage exploration for copper, nickel and platinum-group elements at several sites, as part of its efforts to diversify mineral output and support long-term production growth.
Maaden Mineral Resources Growth Boosts Gold Reserves – Strategic Impact
- Maaden operates multiple mining sites across Saudi Arabia, covering gold, base metals, and early exploration areas.
- The gold portfolio includes six main gold mines within the Arabian Shield region.
- Mansourah Massarah continues to be a cornerstone for gold production and resource expansion.
Analysts say the expansion strengthens Maaden’s position within Saudi Arabia’s mining sector and supports national economic diversification objectives, complementing large-scale development across the Kingdom, such as the transport sector transformation under Vision 2030.
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