Al Masane al Kobra Mining Co 2023 AR2
The report highlights Al Masane Al Kobra Mining Co.'s (AMAK) operational and financial performance for the fiscal year 2023. The company achieved a net profit of SAR 54 million and expanded its exploration activities, securing five new licenses and discovering a new gold deposit at Radeniah East. AMAK also advanced its Al Masane Mine expansion (Moyeath project) with commissioning scheduled for 2024. In sustainability, the company established an ESG Committee, achieved zero Lost Time Injuries, and sourced 87.8% of its purchases from local Saudi suppliers.
Company: Al Masane al Kobra Mining Co
Sector: Mining & quarrying
Country: Saudi Arabia
Year: 2023
Type: AR2
Pages: 80
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Al Masane al Kobra Mining Co
Annual Report
The report highlights Al Masane Al Kobra Mining Co.'s (AMAK) operational and financial performance for the fiscal year 2023. The company achieved a net profit of SAR 54 million and expanded its exploration activities, securing five new licenses and discovering a new gold deposit at Radeniah East. AMAK also advanced its Al Masane Mine expansion (Moyeath project) with commissioning scheduled for 2024. In sustainability, the company established an ESG Committee, achieved zero Lost Time Injuries, and sourced 87.8% of its purchases from local Saudi suppliers.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees