Oman Daily Observer

One-Stop-Shop for new mining licenses in Oman

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FROM P13 get the green light to start their mining activities, the new approach places the responsibi­lity of obtaining these permits on the shoulders of the Authority itself.

Investors will be awarded preapprove­d blocks that can be developed from the get go, he explained.

Commenting on plans for the introducti­on of the long-awaited revised mining law, Eng Al Busaidi said: “The draft has been progressed very satisfacto­rily, with all of the parties concerned having reviewed it. It is now before the Council of Ministers before it can be sent to the Majlis for their feedback.”

Asked about efforts to develop a rail network primarily dedicated to the transporta­tion of minerals from site to Duqm Port, the CEO stated: “Although we have very good infrastruc­ture in terms of roads and ports, some mineral deposits are located in areas that currently lack logistics. One of the means to transport these resources to the nearest port is by rail. We are discussing with Oman Rail the possibilit­y of a rail section linking Shuwaymiya­h and Manji (where some of the mineral resources are located) with Duqm Port.”

Nasser bin Khamis al Jashmi, Under-Secretary of the Ministry of Finance, presided over the opening of the 3-day exhibition and conference, which has been organised by wellknown events management firm Oman Expo.

Also presenting on the first day were top officials representi­ng Oman Mining Company, Oman Oil Company, Minerals Developmen­t Oman (under formation), Maadin Enterprise­s, ahlibank, Port of Salalah, Port of Duqm, Sohar Port and Freezone, Oman Shipping Company, Bedrock Mineral Resource Consulting and Rockwell Automation.

 ??  ?? Export of minerals from Duqm Port.
Export of minerals from Duqm Port.

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