Mining Investment Middle East Conference promotes Oman’s mining industry

October 24, 2017

Mining Investment Middle East and Central Asia (https://www.mininginvestmentmiddleeast.com/), Oman’s only international mining conference for miners, investors and service providers, has once again raised the profile of Oman’s mining industry and highlighted its potential to new international mining investors and stakeholders.

In this second edition, held at Sheraton Oman Hotel, more than 100 delegates from 18 countries such as Turkey, Saudi Arabia, Iran, Netherlands, Sweden, Australia and China converged in Oman.

With a core representation of senior management from Omani mining companies, service providers and government bodies such as Minerals Development Oman (MDO) and Oman Investment Fund, international attendees were able to connect with key decision makers in the Omani mining and finance industry, thereby better understanding the intricacies of the mining landscape and immense opportunities within Oman.

With 50 per cent first time attendees at the conference and new countries such as Turkey, Iran and Sweden being represented, numerous fresh global perspectives and best practices were shared, providing excellent learning opportunities for all. The topics covered included Deal activity, capital flows and valuations in the resources sector, Investment trends in gold, uranium and critical metals, Investment potential in Iran mining sector and benefits of joint investments in Iran and Oman markets, Case study of a successful implementation and mine acquisition in Kazakhstan and Advanced mining techniques for better excavation and mineral conservation.

Dr Alp Malazgirt, CEO Yilamden Holding, Turkey and 2017 Conference speaker, said, “As a company that wants to make global ventures, this conference has given me another perspective and provided another dot on the map to connect. I appreciate the opportunity and it has been very worthwhile.”

Justin Richard, CEO of Alara Resources which plans to construct copper concentrate plants in Oman by end 2017 and speaker at the 2016 and 2017 Conferences, said, “This conference has helped increase the profile of the Al Hadeetha project among government authorities, investors and our peers. This has been a bonus and has helped draw attention to the project.”