Qatar Mining Company (QM) is a state-owned mining company in Qatar that was established in 2010. With a focus on exploration, development, and production, QM plays a crucial role in the mining and metals sector of the State of Qatar. The company’s diverse portfolio encompasses various minerals, including limestone, gypsum, and ferrous metals. Through its strategic investments and projects, QM aims to contribute to Qatar’s economic growth and sustainable development.
Exploring Mineral Opportunities:
QM has embarked on numerous ventures to unlock Qatar’s mineral potential. One of its significant projects is an exploration venture in Sudan, specifically in Block 62 of the Red Sea State. This mineral exploration project, operated through QM’s subsidiary QMSD Mining Co Ltd, focuses on copper and gold deposits. Extensive drilling and geological studies have been conducted, leading to the discovery of a promising copper and gold-bearing primary copper deposit (PCD) in the Jebel Ohier (JO) area. The presence of oxide and sulphide mineralization highlights the potential of this deposit.
In addition to the Sudan project, QM has collaborated with Algeria to construct a steel plant. This joint venture aims to leverage Algeria’s natural resources and Qatar’s expertise in the mining and metals sector.
QM’s Strategic Focus:
As a state-owned entity, QM prioritizes protecting the value generation prospects of its existing projects while planning for future opportunities. The company recognizes the importance of sustainable practices and responsible mining to ensure the long-term viability of its operations. By adhering to international standards and best practices, QM strives to minimize environmental impact and promote the well-being of local communities affected by its activities.
