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Oman opens bids for three mining sites

Stock photo of a copper mine. Saudi reported $8bn of foreign direct investment in mining last year Reuters
Omani firms with experience in mining sector projects can submit their bids by June 11

Oman is seeking bids for three mining sites within the Ayoun area of the Dhofar governorate, the energy and minerals ministry said in a tweet.

The bidding will comprise three mining sites, covering areas of 1.72 sq km, 1.41 sq km, and 1.87 sq km.

Omani companies with experience in mining sector projects can submit their bids by June 11, 2023.

The targeted resource in these sites is construction materials, such as aggregates, Oman Daily Observer said, citing the ministry.

Last month the ministry announced that it is working on offering new mineral exploration blocks for investments in the first quarter of 2023.

These blocks have deposits of copper, chromite, laterite, magnesium, manganese and other mineral ores, in addition to industrial ores such as gypsum, silica, limestone and gabbro stones.

The ministry signed 12 agreements with state-owned Minerals Development Oman last year, starting exploratory work, including geophysical aerial surveys.

In 2020 110 new mining blocks for exploration and investment were announced, with licences issued to several local and foreign companies.

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