2008
Incorporation of AMAK Co.
Since inception in 2008, Al Masane Al Kobra Mining Company has adopted a long- term advanced business strategy, based on the research and sustainable growth of its technical and operational infrastructure to support all of its various activities. AMAK aims to achieve an array of a major successes in order to be the leader in the private mining sector in the Kingdom of Saudi Arabia. The company applies all business requirements related to this field, including exploration, processing, smelting, and mining in line with the latest and advanced global best practices.
AMAK is a private mining company registered and licensed by the Ministry of Industry and Mineral Resources and is located in the Najran region in the Kingdom of Saudi Arabia. It has recently developed Guyan open pit gold mine. The company is committed to applying the guidelines set by the Ministry in this field, the new Mining Investment Law and the regulations and rules related to the sector. The company began commercial production of copper and zinc concentrates in 2012, with the areas where it invests extending to include various and wide geological areas in the southern area of the Kingdom, such as the Al Masane Underground Mine, which covers three areas: Saadah, Al-Houra and Moyeath. A new underground portal was inaugurated by the company in 2019 to reach the third mining zone in Moyeath.
AMAK has become one of the major mining companies in the Kingdom of Saudi Arabia, that produces copper, zinc, gold, and silver in distinct commercial quantities, adopting an advanced business model that is based on extending the life of the mine to increase mineral resources, identify and follow up the exploration of similar promising deposits in the Kingdom or abroad, ensuring a safe working environment wherein the human capital is absolutely the most important asset of the company. As part of its advanced professional practices that it applies in all its activities and events within its work channels, AMAK adopts the highest standards of governance of strategic relationships with the community environment during development of its projects.
The company strives to achieve the real development of the community, while maintaining the integrity of the geographical and environmental ambience in accordance with the highest professional standards applied globally in this field. Through our innovation, excellence, and leadership qualities, we consistently aim to create value for all stakeholders and bring sustainability to the region.
Due to adherence to our Corporate Principles, AMAK is one of the largest private mining companies in the Kingdom, with over 9.0 million tonnes of reserves at Al Masane and 3.0 million tonnes of reserves at Guyan. AMAK owns multiple exploration sites in the southwest region of Saudi Arabia and is initiating new projects to empower the Saudi Mining Industry. As a responsible organization, Al Masane Al Kobra Mining Co focuses on the following aspects to contribute to the development and stability of Saudi Arabia:
With sustainable value created for all stakeholders including shareholders, employees, the communities it operates in, contractors and suppliers.
Through exploration, discovery, and development of mining projects which will add value to Vision 2030 aspiration. AMAK is aligned to a long-term strategy of investing in local and regional mining projects with a track record of strong financial and operational performance.
And to dedicate our endeavours to make the mining industry one of the economic growth pillars in the Kingdom, in line with the Kingdom vision 2030, through expanding the company scope of operations across the region.
Our values are the core of our culture and the model by which we always carry out our works. Safety - Integrity - Leadership - Responsibility – Sustainability
The history of AMAK goes back to 1967, when the mineral deposits were first discovered during an aerial survey conducted under the supervision of Mr. Hatem Al-Khalidi.
Later, in 1979, an international geological and mining consultant company (Watts Griffith) was hired to carry out field development and excavation work. After developing economic feasibility studies, 3,700m of underground tunnels were developed. A 20,000-meter diamond drill and 168 holes were also bored during the process. In 1993, Arab American Shield Development Company was granted a mining concession under Royal Decree No. (M / 17) dated 1/7/1413 AH. In 2008, Al Masane Al Kobra (Amak) Mining Co. was established to develop the project to investment and production.
And has achieved its set ambitions. Here is a brief timeline of the history of the development of AMAK
Incorporation of AMAK Co.
Establishment Al Masane Copper Zinc Underground Mine and Process Plant.
The start of the commercial production of copper and zinc concentrates.
Care and maintenance to set up owner mining teams.
Restarting of the commercial byproduct of gold and silver, dore, as a byproduct of zinc and copper streams.
Inauguration of a new underground portal to reach the third mining zone Moyeath.
The start of the production of gold from Guyan Mine and increase of total gold production.
Our reliance on methodological strategic planning has provided us with enough resilience to encounter all operational and technical challenges, and to convert these challenges into real growth opportunities and sustainable developmental paths in all our various business channels. In addition, we have instilled a culture that is based on maximizing the concept of value in all our practices, performance, and achievements, anchoring the culture of responsible mining pivoted on adopting the highest international standards applied in the environmental and social practices as well as governance of all business relationships. We have thus enhanced our leadership of the private mining sector, the third industry pillar and one of the most important fundamentals that support the non-petroleum reliant Saudi Domestic Product in 2030 vision.
Engr. Muhammed M Aballala has been elected as the new Chairman of AMAK with effect from 17 September 2017. Chairman of Najran Cement Company since establishment in 2005. He holds a Bachelor's degree in Civil Engineering, a Bachelor’s and Master’s degree in political science.
Mr. Musallam is the Vice Chairman and co-founder of AMAK, and a member of the Executive Committee. Chairman of Skab’s overseas real estate investment portfolio. He holds a Bachelor’s degree in International Business and Finance from The American University of Washington, DC. He has over 30 years of leadership roles in various industries, including commercial real estate and hotels in KSA, Europe, and the USA. As CEO in 2002, he led the first recycling plant in Jeddah. He served as Chairman of Skab Group of Companies. Also as Chairman of Alsalam Aerospace Industries in KSA.
Engr. Ayman has 37 years of experience in different fields. He holds a Bachelor’s degree in Civil Engineering from King Saud University and member of the Saudi Council of Engineers. Presently he is member of the board of Al Masane Al-Kobra Mining Co. and Najran Cement Co.
For almost 25 years of experience in the mining industry, Mr. Sahin has assumed several operational and strategic roles in big mining companies in Turkey and Australia. He served as the CEO of AMAK from 2017 to 2022. During his tenure, AMAK reinstated Al Masane Cu-Zn Mine, developed, constructed commissioned Guyan Gold Mine and started construction of Al Masane Expansion Project. Mr. Sahin has B.Sc. in Mining Engineering and Executive MBA degrees.
With more than 40 years of experience, he assumed several strategic roles in several governmental organizations, He also worked in more than one role in the Engineering field for several ministries. He has a B.S degree in Civil Engineering from the U.S, Ph.D. in Law, and is a Member of the American Bar Association. He joined AMAK Board in January 2022.
CEO of Najran Cement Company, with over 17 years of an experience in the Finance, Business, Management, and Investment sectors. A knowledgeable analyst, and intellectual leader in the Investment field. He has a B.S in Management Information Systems from KFUPM, and a Master of Business Administration. He joined AMAK Board in January 2022.
Mr. Al Shehhi holds an Executive Master’s degree from the American University of Sharjah and a Bachelor’s degree in Electrical Engineering from the University of South Florida. He serves as the Chairman of Arab Mining Company (Armico). He has also held senior executive roles at Emirates Telecommunications Corporation (Etisalat), across an eventful career that has spanned 17 years.
Mr. Fekry Youssef Mohamed is the Undersecretary of the Ministry of Mineral Resource, and Chairman & Managing Director of Petrosilah Petroleum Company. He also held Chairman of the Egyptian Mineral Resources Authority "Egyptian Geological Survey", Chairman & Managing Director of Shalateen Gold Company and Chairman of the Egyptian Company for Marketing Phosphate and Phosphate Fertilizers.
Mr. Majed A. Musallam a member of the Board of Directors holds a Bachelor's degree in Business Administration from King Abdullaziz University. He is also a member of the Board of Directors of Alsalam Aerospace Industries Company.
At AMAK, we have a diversified workforce that has served internationally in various mining countries such as Australia, Turkey, Philipines, Tanzania, Zambia and Ghana.
Eng. Yahia was the Chairman of the Drill Corp Sahara Saudi before joining AMAK. He was also a Consultant for the Saudi Council of Engineers, and a Member of the National Mining Committee. He is a Mining Engineer with over 30 years of experience in the Mining Industry. Prior to his current roles, he was a Board Member of the Saudi Mining Polytechnic and held several strategic roles for Ma’aden. He worked at Ma’aden at all ranks from production to board level. he served as President of Ma’aden Gold and Base Metals Co. from 2010 to 2018, as well as VP for Saudi Arabian Mining Co. (Ma’aden). He has a B.S degree in Mining Engineering, MSc in Mineral Industry & Environment Management from UK, and is a Member of American Management Association, Society for Mining, Metal & Exploration, and the Saudi Council of Engineers.
Mr Andrew Pix is a Mining Engineer educated in the United Kingdom with over 35 years’ experience in senior technical and production leadership roles. Andy has worked in mining operations in Southern Africa, North America, Australia and Turkey, across a range of commodities including precious and base metals, and coal. As Mine and Operations Manager, Andy has played a key role in delivering new mines, ramping up of World-class mines and developing challenging feasibility projects into profitable and safe operations. Andy holds a Bachelor of Engineering Degree (Mining), is a Fellow of the Institute of Materials, Minerals and Mining (UK), a Chartered Engineer (UK), and Professional Member of Australian and Canadian mining organisations. Furthermore, he possesses First Class mining managers certificates Mr. Andrew Pix recognized internationally.
Mr. Kamran Ghous has a diverse experience of working in different industries in the UK, Pakistan, and Saudi Arabia. Mr. Ghous has joined AMAK in 2017 right after Al Masane operations restarted. Previous to his role as Finance Director at AMAK, Mr. Ghous held several executive positions in finance, most recently as Chief Financial Officer of Al Amthal Finance Co. in Saudi Arabia. He earned his B.Sc. Hons in Applied Accounting from Oxford Brookes University, UK. He also holds memberships of professional bodies; CPA and ACCA.”
At AMAK, we have a diversified workforce that has served internationally in various mining countries such as Australia, Turkey, Philippines, Tanzania, Zambia and Ghana.
At AMAK, we have developed a professional Corporate Culture allowing the organization to implement steadfast governing policies to set challenging goals
To help AMAK adapt to the ever-changing corporate environment
To build an environment of trust, transparency, and accountability
To take necessary actions for fostering long-term investment, financial stability, & business integrity
To implement policies that align with the Saudi laws & regulations
To constantly monitor that the business operations are strictly running as per the international, regional, and local government policies
To regulate policies that promise sustainability and prosperity of the state and the company
To assure the well-being of our shareholders, clients, company employees, and other stakeholders
We believe that every incident is preventable, and over the years, we have employed an integrated management system and strict safety and environment policy.
We prioritize the well-being of our employees and implement safe practices to develop a safe working environment on our premises. At AMAK, we have turned our organization into a haven by employing integrated management systems certified by regulatory bodies.
| AWARDING ENTITY | TYPE | DESCRIPTION OF LICENSED ACTIVITIES / PURPOSE | ISSUE DATE | EXPIRY DATE |
|---|---|---|---|---|
| Active Business International | ISO 14001:2015 | Environmental Management System | 29 April 2021 | 28 April 2024 |
| Active Business International | ISO 9001:2015 | Quality Management System | 29 April 2021 | 28 April 2024 |
| Active Business International | ISO 45001:2018 | Occupational Health and Safety Management System | 29 April 2021 | 28 April 2024 |
We invite all the organizations that seek excellence to collaborate with us to explore the untapped potential of the mining industry. Reach out to us now at
NAJRAN
Building 7847 Unit.2 Najran 66244-3181, Kingdom of Saudi Arabia Fax: 017 – 5238722
JEDDAH
Al-Amoudi Building, 5th floor, Office No. 506, Al-Madina Almonawara Main Road, Jeddah Kingdom of Saudi Arabia Tel: 012 – 216 2699