Madan-e Olya (Persian: معدن عليا) is a village in Firuzeh Rural District of the Central District of Firuzeh County, Razavi Khorasan province, Iran.

At the 2006 National Census, its population was 557 in 164 households, when it was in the former Takht-e Jolgeh District of Nishapur County). The following census in 2011 counted 543 people in 166 households, by which time the district had been separated from the county in the establishment of Firuzeh County. The latest census in 2016 showed a population of 579 people in 182 households. It was the most populous village in its rural district.

The historic Nishapur turquoise has been mined from the Rivand mountain near this village. An ancient city called Rivand of Nishapur has also been probably situated around the region of this village. Some Iranologists, believe that Rivand Mountain has been home to Adur Burzen-Mihr (a holy Zoroastrian fire temple).