Mari Mining Company (Private) Limited (MMC), a wholly owned subsidiary of Mari Petroleum Company Limited (PSX: MARI), has been granted two exploration licenses for mineral exploration in District Chagai of Balochistan by the Directorate General Mines & Minerals Balochistan.
It is important to note that MPCL founded the MMC in order to carry out mineral mining operations throughout the nation. The granting of further licenses is in line with MPCL’s plan to broaden the scope of its mining operations and demonstrates its dedication to fostering the development of Pakistan’s mineral mining industry.
Hydrocarbon exploration, production, and sales are MARI’s main business activities.The company’s scrip at the market was Rs. 2,713.39 at the time of reporting, up 1.36 percent, or Rs. 36.51, with 14,433 shares traded on Wednesday.
