Press Release

Mawarid Wins at Oman Green Awards

Mawarid Company, the largest private mining company in the Sultanate of Oman, was the winner of the Green Innovation Award at a ceremony held in Al Bustan Palace Hotel. The Awards were organized to coincide with the World Environment Day celebrated on 5th June every year. Oman Green Awards come in recognition for corporate entities operating in the country, while illustrating their commitment towards an eco-friendly utilization of resources. The Awards celebrated and honoured their initiatives and dedication to create a sustainable environment and a green future. The received Award has further reinforced the fact that Mawarid remains at the forefront of making a meaningful contribution to Omani Society and the Country at large.

Mawarid was presented the Green Innovation Award for its entry of the Tailings Storage Facility in Lasail village in Liwa. The project was executed with an objective to recover processed water for reuse in the concentrator at the plant in Lasail. It was an innovation that measured success in reducing dependence on external water consumption - without contaminating the underground water table. Regular monitoring of external water consumption by the team has clearly shown reducing dependence on external water -demonstrating how successful this project is. All aspects of this project are in line with highest international standards.

Mr. Usama Al Barwani, Director Business Development at MB Holding LLC was proud of Mawarid`s achievement. He said “The organisation has been committed to the concept of a green economy from its inception. We have been focused from the very beginning on minimizing environmental impacts in all our operations and properly managing resources to ensure sustainability in the long term. This project demonstrates our vision and foresight. It was built along with the commencement of operations in the area. Our interest has always been directed to provide beyond profits and to serve the people and communities where we operate. We shall continue in the same direction with sincere dedication and responsibility.”

Right from its inception, Mawarid has paid special attention to the locations and the environment around where it conducts its operations. Mr Jan Jansen, CEO, Mawarid stated: “Mawarid provides communities with an assurance that the environment is being protected both during and after the life time of our operations with monitoring programs in place to ensure a safe and complete execution of our vision. This recognition will further strengthen our resolve in this direction.”

Mawarid is the first private sector mining company engaged in exploration and development of copper and gold deposits in the Sultanate of Oman. It currently operates open pit copper mines and processes ore at its copper concentrate facility in Al Batinah region of Oman. Mawarid has recently been felicitated with the Omanisation award – the organisation employs close to 400 Omani employees with an Omanisation percentage of approx. 80%.

Established in 1997, Mawarid is a part of MB Holding Group of Companies, which employs more than 6500 employees and operates in more than 20 countries across four continents. MB Group of companies has diversified businesses across drilling and integrated oilfield services, exploration and production of oil and gas, engineering, manufacturing & trading, and mining & processing of minerals.