Manaseer Group, represented by (Jordan Integrated Mining Co.), has commenced a new project for copper mining and associated minerals perimeter of Dana Reserve, with investment cost of $ 600 million, covering over 106 square kilometers. In keeping with this, the Group has announced that during the project implementation, numerous issues will be taken into consideration, such as the strict environment mitigation measure. The target area is separate and surrounded by a natural mountain range. Additionally, the project will be equipped with the state-of-the-art technologies and processes.
The new project, which had been greatly acclaimed and supported by the Ministry of Energy and Mineral Resources, the Ministry of Environment, and the Community to advance the project's implementation, is based on the Group's vision of investment diversification, aiming at to support the national economy and benefiting the community through creating 800 new employment opportunities.
On his part, Deputy Chairman of Manaseer Group Muin Qadda, stated that the project will have a positive influence on community and would, in turn, provide about 800 direct jobs, with total investment of nearly $ 600 million. He continued saying that the project would be implemented around two years to actively start the production, if its project feasibility is proven.
The project concept was started in 2016, based on previously conducted studies' done by international firms and Jordan national resources authorities, impact study under preparation, in cooperation with the Royal Scientific Society. Furthermore, the infrastructure and roads will be implemented and developed during the second quarter of 2018, with the expectation that the detailed exploration program would be ended by end of October 2018.
In this light, Manaseer Group visited Dana Reserve on Sunday, represented by Deputy Chairman of the Board of Directors Mr. Muin Qadda, Group Development Director and the Project Manager, with the participation of H.E Minister of Energy and Mineral Resources Dr. Saleh Al Kharabsheh, Environment Minister Nayef Al Fayez, Honorable Deputy Shaha Al Ammarin, Chairman of the Royal Society for the Conservation of Nature H.E Dr. Khaled Al Irani, and its Director Yahya Khalid, Geology Director of the Ministry of Energy and Mineral Resources Dr. Ali Sawarya, along with several members of the community.