Preheat the oven to 300 F. Line two large rimmed baking sheets with parchment paper.
Place 1/2 cup oats in the bowl of a food processor and process until finely ground. In a large bowl, combine remaining whole oats, the ground oats, chopped nuts, and flaked coconut. Set aside.
In a small saucepan over medium-low heat, combine the butter, vegetable oil, and brown sugar. When butter has melted add honey, vanilla, cinnamon, salt, and nutmeg. Stir until well combined. Remove from heat and pour over the oat/nut mixture, stirring until completely incorporated. The dry mixture should be completely coated. Add dried fruit and mix well.
Divide the mixture between the prepared baking sheets. Use your hands to flatten the mounds and shape them into nice rectangles. Bake for 20 to 25 minutes, or until edges are beginning to brown, without stirring. Remove from oven and use a spoon or spatula to stir the mixture. Flatten and shape the granola back into a rectangle and return to the oven for an additional 10 to 15 minutes, or until golden brown. Remove from the oven and use a spoon or spatula to press and flatten the granola down. Allow to cool completely, undisturbed. Use your hands to break the granola into small clusters.
Store in mason jars or airtight containers.