Our Story

Muscat Precious Metals Refining combines over 50 years of expertise with cutting-edge innovation, making us Oman’s leading provider of precious metal assaying, refining, and premium bullion products

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Refining Oman's Future

Muscat Precious Metals Refining (MPMR), headquartered in the Sultanate of Oman, specialises in the smelting, refining, testing, trading, and minting of precious metals such as Omani gold, silver, platinum, and palladium. Offering a wide range of Omani gold bars, coins, pendants, and other products, MPMR boasts an impressive refining capacity of approximately 40 tons of gold annually in its state-of-the-art facility.

As one of the best gold refineries in Oman, MPMR combines over 50 years of expertise with industry-leading technologies and a highly specialised team. Dedicated to pioneering new industry standards, MPMR continues to set benchmarks for quality and innovation in the Sultanate of Oman.

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Lead by the best

Our leadership and team combine decades of expertise with a shared commitment to excellence and innovation. Together, we drive success and set new industry standards.

Shihab Al Busaidi, CEO of Muscat Precious Metals Refinery, brings over 7 years of executive experience from Oman’s Ministry of Finance. With a strong background in finance and leadership.

Shihab Al Busaidi
Nick Cochrane-Dyet, Special Advisor to Muscat Precious Metals Refinery, brings extensive expertise in international relations and strategic advisory roles. His deep knowledge and experience in global markets enhance MPMR's growth and industry leadership.

Nick Cochrane-Dyet
With over 10 years of experience in auditing, accounting, administration, and HR, I have developed expertise in reviewing organizational operations for fraud, mismanagement, risk, and regulatory compliance.

Safiya Jalal
Our marketing manager is the driving force behind our brand's success. Responsible for developing and executing strategic marketing plans, she leads a team to create engaging campaigns that resonate with our target audience.

Nama Ahmed Said Khawar

Our vision is to be the leading precious metals refinery, setting the standard for quality, innovation, and sustainability, while delivering trusted, world-class solutions.

Our Vision

Delivering excellence with integrity and precision

At Muscat Precious Metals Refining, our philosophy is committed to precision, integrity, and innovation. We honour Oman’s rich heritage while continuously advancing our methods to deliver the highest quality precious metals. Focusing on sustainability, transparency, and trust, we strive to exceed industry standards, empowering our clients with exceptional service and enduring value.

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Bringing Timeless Value through pure gold

MPMR is the sole licensed refinery in Oman, with a refining capacity of up to 50 kilograms of gold per day. It sources raw materials, primarily scrap jewelry, from Gulf Cooperation Council countries and has secured an off-take agreement with a Tanzanian mine.

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