Operations
WE ARE PIONEERS OF PRIVATE MINING SECTOR IN KSA
IMPLEMENTING BEST PRACTICES IN MINING
AMAK has obtained approvals of all relevant governmental authorities and has started the exploration process to identify the locations of mineral deposits such as copper, zinc, lead, gold, silver, and nickel, etc. Drilling works are then carried out to obtain samples of minerals in order to analyze its quality. Diamond drilling works are also implemented to identify the quantity of orebodies. Initial data are then collected to calculate project estimates in line with international reporting standards such as: NI – 43101, JORC CODE.
WHY US?
We Have Put In Immense Amounts Of Effort And Diligence To Lead The Saudi Mining Industry, And We Have Quadrupled Our Exertion To Maintain Our Esteemed Position.
OUR FOLLOWING TRAITS HELP KEEP US AT THE TOP:
STRONG SUPPORT FROM GOVERNMENT:
Saudi Arabia is on a mission to diversify its exports & come out from the dependability of oil & gas. The mining sector can diversify our imports and significantly contribute to the local economy and sustainability, making it a national priority. The mining sector is listed as the third pillar of economic diversification after the production of oil, gas, and petrochemicals. According to Vision 2030, Saudi Arabia’s mining industry could generate up to 219,000 additional jobs & increase its contribution to the Kingdom’s GDP to SAR 240 billion by 2030.
A CAPABLE & DEDICATED TEAM
At AMAK, we have a team of professionals having diverse backgrounds. They have served in different positions at esteemed mining locations in Australia, South Africa, Turkey, Philippines, Tanzania, Zambia and Ghana
CONTINUOUS DEMAND FOR METALS:
According to market studies, the demand for copper and zinc will significantly increase in the next fifteen years due to the drive to decarbonize the World’s economies, increased production of consumer electronic goods and the take-up of electric-powered vehicles.
STRONG PARTNERSHIPS WITH NATIONAL & INTERNATIONAL COMPANIES
We have collaborated with renowned mining companies to provide goods and services, including Caterpillar UG Equipment (Zahid), Caterpillar Generators (Al Taaqa), PSC Group, Sandvik equipment, Metso-Outotec equipment, etc.
LOW-COST & HIGH-GRADE PRODUCTION OF COPPER, ZINC, GOLD & SILVER
Al Masane Mine has an average feed grade of %0.8 Copper and %3.5 Zinc as the primary metal content. It has the lowest cash cost of copper & zinc thanks to the credits received from gold and silver by-products in the concentrates produced.Moreover, the gold grade at the Guyan mine is at 2.35 grams per ton, with a process recovery of %93. Due to this high recovery rate, the Company ranks in the lower third quartile of the gold producers cost curve. As per the study, the Company’s gold production cost will be less than 900$ per ounce during the mine lifecycle.
