Texas gold digger finished building only mine in Saudi Arabia not owned by royals

Nick Carter, President and Chief Executive Officer: “The completion of the construction phase of the mine is a major milestone and signals that we are officially moving into the operating stage. The surface facility operator, China National Geological & Mining Corporation, is currently staffing the facility, training the personnel, and getting ready for the operation, management and maintenance of the surface works of the mine. Between now and November 28th, AMAK will be completing punch list items and preparing the plant to commence operations.”

“Underground development work is approaching the stage where sufficient ore will be produced each day to keep the plant running. Additionally, the trucking, logistics, and marketing efforts are nearing completion. It is exciting to see the package coming together on what is essentially a brand new startup venture. The ore processing facility is a complex mechanical and chemical operation that will have startup glitches seen typically in the industry, however management is doing all it can to prepare for a smooth transition to steady operations. AMAK’s staff and Board of Directors continue to strive toward the goal of operating cash flows beginning in the first or second quarter of 2012.”