Oman’s Public Authority for Mining (PAM) will sign a contract with SRK Consulting and its supportive companies, Mayer Brown and Wood Mackenzie, to implement a new mining strategy, said a report.
The general strategy for the mining sector is one of the major projects undertaken by the authority as per its mandates shown at its system issued by the Royal Decree No. 49/2014, added the Oman Tribune report.
As per this system, one of the mandates of the authority is to develop a strategy that includes the plans and policies related to the geologic infrastructure of the sultanate and develop the mining system within the framework of the national strategy for development.
PAM has strived to identify the major pillars in preparing Oman Mining Strategy.
To this end, it organised a range of workshops that discussed the major challenges and aspiration of the mining sector to promote mineral wealth in Oman, added the report.