Oman signs $500M in mining agreements

oman-signs-$500m-in-mining-agreements
ASIA

National workers will be prioritised and SMEs given subcontracting opportunities

The Ministry of Energy and Minerals finalised the deals with Gulf Mining Materials Company and Novel Muscat International Company.

The Ministry of Energy and Minerals finalised the deals with Gulf Mining Materials Company and Novel Muscat International Company. | Credits: Zarko Prusac via Shutterstock

Oman has signed three agreements worth around RO192 million (US$500 million) to develop new mining and processing projects in the governorates of Al Buraimi and Al Wusta. This is part of a push to expand…

Start a free trial to continue reading this article

Already have an account? Sign in here

The definitive guide to mining operations and excellence.

Established in 1909 by Herbert Hoover, Mining Magazine provides comprehensive technical insight into mining operations. It aims to inform and support mine management in decision-making regarding mining techniques, technologies, workforce, logistics, and supply chains.

Subscribe now

Get the Mining Magazine Newsletter delivered free each day

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions

editions

editions

editions