New Investment Opportunities Launched in 4 Mining Concession AreasMuscat, 1 Sep (ONA) — The Ministry of Energy and Minerals has unveiled new investment opportunities in four concession areas, open for competition among local and international companies as part of the 2025 Mining Bidding Round.This initiative aligns with the ministry’s efforts to boost investment in the mining sector and increase its contribution to the national economy, in accordance with the objectives of “Oman Vision 2040.”The offered areas include four geologically promising sites distributed across several governorates of the Sultanate of Oman:They include Area (D-11) in Al Buraimi Governorate, spanning 1,084 square kilometers. Preliminary studies indicate potential deposits of copper, gold, silver, chromite, as well as basalt and gabbro rocks.They also cover Area (E-22) in North A’Sharqiyah Governorate, covering 810 square kilometers. Initial indicators suggest the presence of copper, gold, silver, chromite, alongside basalt and gabbro.Moreover, they include Area (B-14) in South Al Batinah Governorate, the largest at 2,673 square kilometers. Data points to deposits of copper, gold, silver, chromite, and industrial rocks such as basalt and gabbro.The fourth site is Area (H-51) in Al Wusta Governorate, extending over 4,181 square kilometers. The area shows potential for industrial minerals including silica, salt, and kaolin.Competition has been opened through announced procedures ensuring equal opportunities for all qualified companies. The ministry will provide all technical and geological data to interested investors via the digital “Taqa” platform.The Ministry of Energy and Minerals emphasized that this bidding round is part of its ongoing efforts to enable investment in the sector and maximize the utilization of Oman’s mineral wealth. By offering an attractive and regulated investment environment based on transparency and competition, the initiative aims to diversify income sources and enhance the sector’s added value.— Ends/AH