Oman Opens Bidding for Four New Mining Concessions: Key Opportunities for Investors and Entrepreneurs
MUSCAT: The Ministry of Energy and Minerals has announced an invitation for local and international companies to submit bids for investment opportunities in four mining concession areas as part of the 2025 Mining Licensing Round. This initiative aims to enhance the mining sector’s contribution to Oman’s economy.
The Ministry highlighted that the four designated blocks, each exhibiting significant geological potential, are spread across various governorates:
- Block D-11 (Al Buraimi Governorate) covers 1,084 km² and shows early signs of copper, gold, silver, and chromite, along with basalt and gabbro.
- Block E-22 (Al Sharqiyah North Governorate) spans 810 km² and presents preliminary indications of copper, gold, silver, and chromite, as well as basalt and gabbro.
- Block B-14 (Al Batinah South Governorate) is the largest, covering 2,673 km², with data suggesting the presence of copper, gold, silver, and chromite, in addition to industrial rocks such as basalt and gabbro.
- Block H-51 (Al Wusta Governorate) occupies 4,181 km² and features potential for industrial minerals, including silica, salt, and kaolin.
This licensing round reflects the Ministry’s ongoing commitment to fostering sustainable investment and maximizing the value of Oman’s mineral resources. By offering a transparent, competitive, and well-regulated framework, the Ministry aims to support economic diversification and enhance in-country value from the mining sector.
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The Ministry of Energy and Minerals’ 2025 Mining Licensing Round signals a strategic push to diversify Oman’s economy by unlocking significant mining potential across four governorates rich in copper, gold, silver, chromite, and industrial minerals. This creates bold investment opportunities for both local and international players to capitalize on emerging sectors beyond oil, but also demands careful evaluation of geological prospects and regulatory frameworks. Smart investors and entrepreneurs should prioritize sustainable practices and in-country value creation to align with government goals and maximize long-term gains in this evolving market.