Maaden
Maaden is a publicly listed multi-commodity mining and metals company based in the Kingdom of Saudi Arabia (KSA). As the largest multi-commodity mining and metals company in the Middle East, Maaden possesses a range of mineral assets covering a broad array of commodities, including gold, zinc, copper, phosphate, aluminum and industrial minerals. Maaden has grown exponentially since its establishment in 1997 and currently has assets at exploration, development and production phases.
At Maaden, we are committed to fostering transparency, accountability and effective governance within the mining sector. Maaden is a supporter of the Extractive Industries Transparency Initiative (EITI), and we are committed to fighting corruption and promoting transparency, particularly within the mineral resources sector. Our commitment to the EITI Principles is implemented with full respect for local rules and regulations, ensuring that our practices align with both national and global standards. Our engagement with the EITI underscores our commitment to leading with integrity and ensuring effective governance across all our operations.
Strengthening transparency
As a company listed on the Saudi Stock Exchange, Maaden already publicly discloses taxes and payments to the government, as well as beneficial ownership of up to 5%. Maaden has robust anti-corruption policies and compliance management systems, including an independent whistleblower hotline covering all internal and external stakeholders. Maaden is committed to gender diversity, having increased the number of Saudi women in its workforce by 42% in 2022, and the company discloses employment data disaggregated by gender.