The Minister of Industry and Mineral Resources Mr. Bandar bin Ibrahim Al-Khorayef, during his inspection tour in Medina Al-Munawwarah, examined the progress and the work plans of the largest and oldest gold factory in the Kingdom.
The factory is affiliated to the Saudi Arabian Company “Maaden” located in Medina, in the presence of the Deputy Minister Engineer Khaled Al-Sinaa, and the Deputy Minister and Mineral Resources Engineer Osama Al-Zamil.
The Minister reviewed the plans, as well as the start of the photo gallery, and a presentation was displayed on the status of gold, especially in the mix of Maaden business. Maaden is the most popular production line. The Minister had a review of the workflow in the mine, its expansion plans, and the mechanisms of work in it, installment rate, as the number of employees working in it reaches approximately 262 employees, 63 employees of whom are Saudis.
Saudi workers gained a lot of experience while working in the gold factory during the 30s of the last century. In the era of the Custodian of the Two Holy Mosques King Fahd bin Abdulaziz Al Saud – between 1988 AD to 2020- approximately 5989 m tons, was extracted from raw materials, in addition to the production of pure gold an amount equivalent to “2.5 m ounces”, and 9.8 m ounces of total silver production.
To that, the Minister of Industry and Mineral Resources stopped during his tour of the volcanic geological monuments at “Harrat Rahat,” in the Medina region, which is the largest lava field in Saudi Arabia.
He also reviewed the work of the National Center for Earthquakes and Volcanoes, and the importance of the role of the seismic and volcanic observatory in Medina, in addition to a miniature display containing a number of samples of different volcanic rocks, and many devices used by technician and earthquake ringers.