Saudi Arabian Mining Company (Maaden), the biggest mining company in the Arab world, said L&T Construction has been awarded a 2.3 billion Saudi riyals (Dh2.2bn) contract for developing the world’s largest gold mine that produces an average of 250,000 ounces of gold per year over the mine’s original life span.
Ma’aden is the champion of the Saudi Arabian mining industry, and now internationally recognized mining company with a global presence.
This (EPC) Engineering, Procurement & Construction order for gold processing plant in Saudi Arabia, secured against stiff global competition, is the largest single EPC order for the Metallurgical Business in International market.
Mansourah Massarrah gold project once commissioned will be the largest capacity gold processing plant for Ma’aden. This project will be developed in consortium with OUTOTEC based on the latest Pressure Oxidation Technology (POX) and will be one of its kind within KSA.
The scope of the work involves design, engineering, procurement, installation, construction & commissioning of various subunits of the process plant and associated infrastructure works. The project is located in the Central Arabian Gold region.
The end client MGBM manages production and sale of gold, copper, silver, and zinc, with gold accounting for the biggest business segment.
OUTOTEC are the global leaders and pioneers in the gold processing plant technology.
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue. It operates in over 30 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.
The scope of work includes basic and detail engineering, procurement and delivery of process equipment, commissioning, start-up assistance and training services. The new gold processing plant is due to be completed in 2022.