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Sohar International, a leading bank in Oman, has signed recently an agreement with Al Hadeetha Resources to extend RO19 million ($49 million) worth of financing to the Wash-hi Majazah mining project.
Al Hadeetha Resources, a joint venture Omani Australian minerals exploration and development company, has commenced construction work on a major copper-gold project in the Washihi-Majazza area of Al Mudhaibi Wilayat in the sultanate.