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Oman, officially the Sultanate of Oman is a country located in the Middle East on the the Arabian Peninsula. Oman is rich in mineral resources and has a complex geological history spanning 825 million years. The mineral resources include dolomite, zinc, limestone, gypsum, silica, copper, gold, cobalt, chromite, coal, and iron. The Ophiolite belt found in Oman is characterised by medium to high grade copper deposits with gold credits and metallurgically simple ores. Many copper mining projects in the Semil Ophiolite Belt is set to occur in the coming years. Exploration planned is targeting 10,700,000 and 29,250,000 tons of 1.4 and 2.4 per cent copper. In Washihi, 160 kilometers southeast of Muscat, copper deposits with associated gold ore are scheduled to be explored. The project covers a total area of 105 square kilometers. It is expected to produce 77,000 tons of copper and 18,000 tons of gold yearly upon operation.

Quick Facts


Primary Mineral

40 Million MT

Estimated Reserves


Tax Benefits


Active resource businesses

Oman is bordered by the United Arab Emirates (UAE) to the north-west, Saudi Arabia to the west and Yemen to the South West. The capital city Muscat is located on the South East coast, the main cities Sohar and Sur in the North and Salalah in the South. Oman has a coastline along the Arabian Sea. The landscape is varied, central Oman is mostly desert and there are dramatic mountain ranges along the north and south-east coasts. Oman has a population of circa. 5 million as of 2019 according to the United Nations. Oman is heavily dependent on oil and gas resources, which can generate between and 68% and 85% of government revenue, depending on fluctuations in commodity prices. More than half of Oman’s total reserves are concentrated in the northern region of the country, where six fields, Jibal, Natih, Fuhud, Al Huwaysah, Al Khuwayr, and Shaybikah, contain recoverable reserves of more than 2 billion barrels. The Wasia Group reservoir is the most productive reservoir along the Arabian Gulf. Oman, however, still remains far behind the ranks of the world’s largest oil exporters.

Copper is Oman’s other major mineral currently being exploited, historically, copper mining in Oman has existed for thousands of years. It dates back to pre-Islamic days when copper was mined and sent all over the world. Oman was then known as Majan or the land of copper. Oman’s main copper reserves are in the Suhar area on the Al Batinah coast. The processing of ore at the Suhar complex, operated by the government-owned Oman Mining Company, began in 1983. The production of chromite by the Oman Mining Company also began in 1983 in the Suhar area. In July 1991, the government established the Oman Chrome Company (OCC). The OCC was created to develop the country’s chromite reserves estimated at 2 million tons of chromite located at 600 sites throughout the country. Today, Oman is again focusing on developing its mining sector with several new projects, initiated by the Public Authority of Mining (PAM), have recently been completed including: an economic feasibility study on silica ore in Wadi Buwa and Abutan in the Wusta Region, which confirmed that there were exploitable reserves of around 28 million tonnes at the two sites.

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