Oman
MDO And Oman Chromite Sign Agreement for Chromite Ore Exploration

Muscat: The Oman Chromite Company has signed an agreement with Minerals Development Oman (MDO) to jointly explore and prospect chromite ore in two exploration sites located in the Governorates of Al Batinah North and Al Buraimi. The two companies confirmed the signing of the exploration agreement through their tweets on Thursday.
Last year, Oman Chromite Company produced the highest quantity of chromite ever. The company produced 45,194 tons of chromite ore during 2021 compared to a production amount of 10,597 tons in 2020, a sharp increase of 426 percent.
The increase in production was achieved as a result of the company’s efforts in developing its exploration and extraction activities and as a result of the commencement of work on the Mahrah mine, for which the mining permit was obtained in June 2021, stated the Oman Chromite Company in its annual financial report.
-
Economy2 months ago
Here’s Everything You Need to Know About Oman’s State General Budget for 2025
-
Alamaliktistaad Magazines2 months ago
Al-iktisaad, December 24
-
Automotive1 week ago
[REVIEW] A Legend Reinvented: The Nissan Patrol Y63 Blends Heritage with Modern Mastery
-
Banking & Finance2 months ago
His Majesty the Sultan Appoints Ahmed Al Musalmi as Governor of the Central Bank of Oman
-
OER Magazines3 weeks ago
OER, January 2025
-
Alamaliktistaad Magazines4 weeks ago
Al-iktisaad, January 2025
-
Banking & Finance4 weeks ago
Ishraq Waqf Investment Fund Announces Extension of IPO Subscription Deadline
-
Banking & Finance1 month ago
Bank Muscat’s 2024 Net Profit Grows To RO225.58Mn