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Saudi’s Ma’aden says begins initial production at Barrick copper JV

Saudi Arabian Mining Co (Ma’aden) has began initial production of copper at its joint venture affiliate with Canada’s Barrick Gold, the Gulf’s largest miner said in a bourse statement on Thursday.

Maaden Barrick Copper, owned equally by the pair, will have an estimated annual production capacity at the Jabal Sayid site of 45 000 to 60 000 t of copper in concentrate, the statement said.