By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Foundation stone for Mazoon Copper Project to be laid on Sunday
Share
Notification Show More
Latest News
Chances of scattered rain to continue until Friday: Qatar Meteorology Department
Gulf
Arman and RB Mary Lylah secure top honours
Sports
Two European tourists held for OMR1mn jewellery theft in Oman
Gulf
Deportations and sanctions: EU strikes harder line on migration
World
It’s raining in Dubai — and Bollywood’s rain songs suddenly make perfect sense again
Gulf
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > Foundation stone for Mazoon Copper Project to be laid on Sunday
Business

Foundation stone for Mazoon Copper Project to be laid on Sunday

News Room
Last updated: 2024/11/09 at 5:59 PM
News Room
Share
4 Min Read
SHARE

Mazoon Mining Company, a subsidiary of Oman Minerals Development Company, is set to lay the foundation stone for the Mazoon Copper Project on Sunday in Yanqul Wilayat, Al Dhahirah Governorate. This project, spanning 20 square kilometres, aims to produce copper concentrates. It is an integrated project, comprising 5 mines and a processing factory capable of handling 2.5 million tonnes of copper ore annually, along with administrative and residential facilities. This initiative is expected to significantly boost the mining sector in Oman and elevate the country’s standing as a copper concentrate producer globally.

The Mazoon Copper Project is a strategic endeavor that will not only benefit Oman’s mining industry but also contribute to the development of the local community. By expanding the copper value chains, the project will play a key role in enhancing the social and economic development of Al Dhahirah Governorate, specifically Yanqul Wilayat. This signifies a major milestone for Oman’s mining sector, demonstrating the country’s commitment to diversifying its economy and harnessing its mineral resources for sustainable growth and development.

The foundation stone laying ceremony for the Mazoon Copper Project marks a pivotal moment in Oman’s mining history. With the potential to produce copper concentrates on a large scale, this project is poised to put Oman on the map as a significant player in the global copper market. By leveraging its natural resources and investing in state-of-the-art facilities, Oman is paving the way for a more robust and competitive mining sector that holds great promise for the country’s future prosperity.

The integrated nature of the Mazoon Copper Project sets it apart as a comprehensive initiative that encompasses mining operations, processing facilities, and support infrastructure. This holistical approach ensures that the project is not only focused on production but also on creating sustainable value for the local community and the economy at large. By establishing a strong foundation for the copper mining industry in Oman, Mazoon Mining Company is laying the groundwork for long-term success and growth in the sector.

As the Mazoon Copper Project progresses, its impact on the local community and economy is expected to be substantial. The project’s focus on enhancing the social and economic development of Al Dhahirah Governorate and Yanqul Wilayat underscores its commitment to creating lasting benefits for the region. By generating employment opportunities, driving infrastructure development, and fostering economic growth, the project is poised to become a cornerstone of the local economy and a catalyst for sustainable development in the region.

In conclusion, the Mazoon Copper Project represents a significant step forward for Oman’s mining sector and its broader economic development. By investing in large-scale infrastructure and production facilities, Oman is positioning itself as a key player in the global copper market. With its emphasis on sustainability and community development, the project is not only set to create economic value but also to foster social progress and prosperity in the region. As the project moves forward, its positive impact on the local community and the economy is expected to be transformative, paving the way for a brighter and more prosperous future for Oman’s mining industry.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room November 9, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Renowned Bahraini Journalist Tawfeeq Al Salehi Passes Away Following Illness
Next Article Vinicius scores three goals to help Real Madrid defeat Osasuna
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Chances of scattered rain to continue until Friday: Qatar Meteorology Department
Gulf December 14, 2025
Arman and RB Mary Lylah secure top honours
Sports December 14, 2025
Two European tourists held for OMR1mn jewellery theft in Oman
Gulf December 14, 2025
Deportations and sanctions: EU strikes harder line on migration
World December 14, 2025

You Might also Like

Business

Why US Nvidia’s chip sales to China is far more complicated than it looks

December 14, 2025
Business

CII lays out investment roadmap for Budget 2026-27

December 14, 2025
Business

Billionaires to Pass $7 Trillion to Heirs by 2040

December 14, 2025
Business

Saudi Arabia partners with Archer Aviation to launch air taxis

December 14, 2025
Business

India, Liberia sign MoU to boost cooperation on medicine quality standards

December 14, 2025
Business

From billionaire to court battles: Rise and fall of NMC founder B.R. Shetty

December 14, 2025
Business

AI adoption improving public service delivery and governance in India: Report

December 14, 2025
Business

GST reforms may reduce retail inflation by 35 basis points in 2025-26: SBI report

December 13, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?