Maaden Gold is the largest subsidiary company of Maaden

Maaden (company)

MA'ADEN is a diversified mining company, active in gold base metals mining and infrastructure industry. Ma'aden was formed as a Saudi joint stock company on 23 March 1997 for the purpose of facilitating the development of Saudi Arabia’s mineral resources. It is the largest mining company in Saudi...

, active in gold, silver and base metals mining. In the beginning, Ma'aden

Maaden (company)

MA'ADEN is a diversified mining company, active in gold base metals mining and infrastructure industry. Ma'aden was formed as a Saudi joint stock company on 23 March 1997 for the purpose of facilitating the development of Saudi Arabia’s mineral resources. It is the largest mining company in Saudi...

 was a department under Petromin

Petromin Corporation

The Petromin Corporation is a privately owned Saudi Arabian corporation specializing in lubricant oils including manufactural, industrial, and automotive oils and lubricants. The company was established by a royal decree in 1968 by a joint venture between Saudi Aramco and Mobil investments and...

 operating Mahad Al-Dahab Gold Mine, and another company called Saudi Precious metals company.
A merge in 1997 between Saudi Precious metals company and Petromin Gold mining department created the Saudi Arabian Mining Company (Also called: Ma'aden), Later Ma'aden

Maaden (company)

MA'ADEN is a diversified mining company, active in gold base metals mining and infrastructure industry. Ma'aden was formed as a Saudi joint stock company on 23 March 1997 for the purpose of facilitating the development of Saudi Arabia’s mineral resources. It is the largest mining company in Saudi...

was grown larger, And the Ma'aden Gold company was established later in 2007 as a subsidery of Ma'aden.