All that glitters is a golden IPO opportunity. Saudi Arabia's Al Masane Al Kobra Mining Co (Amak) is set to raise up to $333m by selling a 30% stake to investors. Amak is the first private mining company in the Kingdom producing copper and zinc in concentrate, and gold and silver in dore. Amak primarily carries out exploration, development, and mining works all over the Kingdom under granted exploration licenses.

Amak will use the proceeds from this IPO to start an Expansion Project to increase zinc production by 80% and copper production by 50% by 2024. Amak has licenses for exploration in a vast area where it can grow its business and expand its search for minerals. May the quartz be with you, Amak!