Oman Signs $15.4m Mining Exploration Deals

Oman signs $15.4m mining exploration deals

RIYADH: Oman has signed two agreements to develop mining concession areas spanning 1,687 sq. km, with total exploration investments estimated at around 6 million Omani rials ($15.4 million). The Ministry of Energy and Minerals signed the deals with Emaar Mining Co. and Gulf Royal Minerals and Energy Co. respectively, which cover mining areas across the Sultanate and support efforts to expand mineral exploration and develop the country’s mining s…

Oman signs $15.4mn mining deals to develop two major concession areas

Muscat: Oman’s Ministry of Energy and Minerals has signed two mining concession agreements covering a combined area of about 1,687 square kilometres, with planned exploration investments estimated at around RO 6 million, or $15.4 million. The agreements, signed in Muscat, cover Concession Area 51-B in Al Dakhiliyah and Al Wusta governorates and Concession Area 25-E …