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Mining & Minerals

Mining: Mawarid Mining LLC

Mawarid’s quest for resource growth has seen it expand exploration activities beyond Oman into Tanzania, Kazakhstan and Saudi Arabia in search of copper and gold deposits. The long term objective of the company is to become one of the largest private mining companies internationally. Mawarid holds the distinction of being the first private sector mining company to engage in the exploration and development of copper and gold in the Sultanate of Oman. Mawarid Mining firmly believes in creating value and nurturing relationships that goes beyond just business.

  • Mawarid Mining has acquired a 28% share of Nautilus Minerals Inc (Nautilus), a company listed in Toronto Stock Exchange (TSX). Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus intends to commence operations at the Solwara 1 deposit by end 2013.

  • Mawarid has acquired 100% share of Namibian Marine Phosphate (Pty) Ltd (Sandpiper Marine Phosphate Project) which is located at the Walvis Bay in Namibia.

  • Mawarid Mining has entered into a joint venture on the Boke Gold Project in Kazakhastan.

  • Mawarid Mining has acquired its first property in Tanzania, 130 km2 Chunya PL in the Lupa Gold field.

  • Mawarid operates several open pit copper mines and processes ore at its Copper Concentrator facility in the Al Batinah region of Oman.

  • It has a strong in-house technical capacity and expertise in exploration, drilling, project evaluation, mine planning, mining and processing. It is well positioned to utilize the installed capacity and expertise to aggressively expand its project portfolio on the international stage and rapidly assimilate new projects and opportunities.

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