Saudi Arabia’s state-owned mining company Ma’aden has extracted a total of 7.8 million ounces of gold from four newly developed mining zones, equivalent to around 221,000 kilograms, according to an official announcement by the company.

The large-scale extraction is expected to strengthen Saudi Arabia’s domestic mineral reserves and accelerate Ma’aden’s efforts to establish itself as a globally competitive gold producer.

The newly added gold reserves were secured through targeted exploration and mining operations. While the company initially set a target of producing more than nine million ounces, the final output figure was adjusted in line with annual accounting standards.

The gold was extracted from the Mansourah Massarah, Uruq 20/21, Umm as-Salam, and Wadi al-Jaw mines. Mansourah Massarah recorded the highest production, yielding around three million ounces. Uruq 20/21 and Umm as-Salam together produced approximately 1.67 million ounces, while the newly developed Wadi al-Jaw mine contributed about 3.08 million ounces. This marks the first time gold has been extracted from Wadi al-Jaw.

Ma’aden Chief Executive Officer Bob Wilt said the results demonstrate that the company’s long-term strategy is delivering tangible outcomes on the ground. He noted that this performance is the reason Ma’aden continues to make substantial investments in expanding Saudi Arabia’s gold resources.

Wilt added that extracting more than seven million ounces of gold from four locations highlights Ma’aden’s strong potential in gold production. He said ongoing exploration and mine development are steadily increasing the company’s asset base, which is expected to support stronger cash flows in the future.