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الوطن
Development Metals Oman Signs Partnership to Develop Copper Project in North Batinah
Oman Mineral Development Company signed an investment agreement with the Kazakhstan-based Solid Core Resources, under which the latter will participate with a stake of up to 60% in the copper project in North Al Batinah Governorate. The project is located approximately 29 kilometers from Sohar city, within Exploration Area “11B”. The project is based on positive exploration results confirming the presence of promising mineral deposits of copper and gold, with plans to increase drilling and technical research to assess economic feasibility. This agreement marks Solid Core’s first exploratory investment outside Kazakhstan and reflects the growing confidence in Oman’s mining sector, as part of a strategy to boost investments and sustainable development.
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