Mazoon Mining LLC (MMC), a state-owned enterprise in Oman, has officially launched the pre qualification of mining operation service contractors for the Yanqul copper gold project, marking the substantive stage of this strategically important mineral development project. The project is located in the Al Dhahirah region of northern Oman, about 140 kilometers away from the port of Suhar, with excellent transportation conditions and a mining area of approximately 20 square kilometers.

According to the plan, Yanqul Copper Gold Mine will adopt open-pit mining method and build a flotation plant with an annual processing capacity of 2.5 million tons to produce copper gold concentrate. Preliminary design shows that the mining service cycle is 10 years, with a total stripping volume of approximately 150 million tons. The mining contractor will be fully responsible for the entire process of drilling, blasting, loading, transportation, and waste rock management, and will be responsible for road construction, drainage management, tailings facility operation, and environmental remediation.

Mazoon Mining requires applicants to have mature experience in similar open-pit hard rock mining projects for non-ferrous or precious metals, have undertaken mining contracts for at least three consecutive years on two projects, and have mining performance of over 12 million tons per year. In November 2024, the groundbreaking ceremony for the project was held, and the related infrastructure and EPC work have been initiated.

Mazoon Mining is a subsidiary of Minerals Development Oman (MDO), specializing in the development of copper and gold mines. The project has successfully raised $270 million in strategic financing, accounting for 60% of the total investment, with partners including ASYAD Group, ONEIC, STRABAG Oman, and other companies. The project adopts advanced environmental protection technologies such as zero liquid discharge, and is expected to produce 115000 tons of copper concentrate annually with a purity of 21.5%.

This round of financing is jointly supported by multiple regional banks, reflecting strong market confidence in the project. The project is led by Canadian company Lycopodium as an EPCM consultant and has signed an equipment supply agreement with Metso. It is not only an important pillar of Oman's diversification strategy, but also will drive local employment and industrial chain upgrading, helping to achieve the development goal of "Oman Vision 2040". (This article is from the official website www.seetao.com of Jian Dao. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website infrastructure engineering column editor/Yang Beihua