South West Pinnacle Exploration secures exploration & mining contract in Oman
The total value of contract is around 13,56,000 Omani Rial (OMR) (around Rs 30 crore)
South West Pinnacle Exploration through its’ joint venture (JV) company -- M/s Alara Resources LLC (ARL) Oman, has been awarded an exploration & mining contract for exploration and mining of minerals viz; copper, gold, & chromite in concession area 12 B and 13 in Oman by Minerals Development Oman (MDO). The contract is to be executed over a period of around two years. The total value of contract is around 13,56,000 Omani Rial (OMR) (around Rs 30 crore).
Minerals Development Oman, is the product of a strategic partnership between Oman Investment Authority and Oman National Investments Development Company (TANMIA) with the principal mandate to drive the monetization of Oman’s mineral resources.
South West Pinnacle Exploration is an integrated Service Provider providing end-to-end Drilling & exploration of Natural resources.
