Company
Alara Resources
ASX:AUQ
Alara Resources Limited is an Australian-based precious and base metals producer and explorer. The company is currently focused on operating the Al Wash-hi Majaza Copper-Gold mine and concentrate production facility in Oman.
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Alara Resources engages Indian company for engineering work at Al Hadeetha Copper Project
The appointment will provide an extended work scope including procurement for the proposed 1 million tonnes per annum copper concentrator plant.
Alara Resources receives government approval for Al Hadeetha Copper Project in Oman
Forward copper contracts are now trading at higher prices than the project's 'bull case' assumptions.
Investments and investor services
Alara Resources surges 57% on news that Oman copper approvals have been received
Public Authority for Mining is proceeding with issuing a mining licence for the Al Hadeetha project.
Alara Resources Ltd prepares to develop Al Hadeeth Copper Gold Project
Alara is also currently finalising terms for a 10-year offtake agreement.
Alara Resources Ltd sees opportunity to supply copper locally
Alara has identified local Omani manufacturers as potential buyers of copper.
Alara Resources Ltd eyes major catalyst in issuance of mining licence
The Oman government is seeking to development the sector and have capitalised a new company with A$200 million to invest in and support the development of mining projects in the country.
Alara Resources Ltd focused on single largest JORC copper deposit in Oman
The 14% increase to the total JORC resource at Washihi and discovery of Gossan supports project economics as Alara progresses towards construction and operations early next year.
Alara Resources Ltd to expand copper-gold resource at Al Hadeetha
An increase to the total JORC resource volume is an unexpected bonus for Alara as they continue to progress the Al Hadeetha project towards construction and operation.
Alara Resources Ltd eyes construction at copper-gold project in Oman
Oman has been taking steps to support the country’s mining industry with the government promoting and prioritising its development.
Alara Resources Ltd gets boost from Oman government
Alara is set to benefit from moves by the Oman government to prioritise the development of the mining industry. The environment bodes well for Alara’s plans to develop the low cost copper-gold Washihi resource.
Alara Resources Ltd finalises raising, progresses copper-gold financing
Alara has a portfolio of projects in the Middle East and was focused on an infill drilling program during the June quarter at the Al Hadeetha Copper-Gold Projects in Oman.
Alara Resources Ltd to lift confidence of Al Hadeetha copper-gold resource
Drilling discovered additional high grade copper and gold mineralisation which sits on top of the existing JORC resource. These results are now being incorporated into the resource model which is expected next month.
Alara Resources Ltd's rights issue is open and in-the-money
The offer is priced at $0.02, with Alara shares last trading at a premium of $0.024. Rights trading is still underway, and closes on Tuesday 26th July 2016. The issue is fully underwritten by CPS Capital Group.
Alara Resources Ltd to reveal copper-gold infill assays from Al Hadeetha
News flow will remain strong in the near-term with the second batch of 421 samples shipped to the ALS laboratory in Saudi Arabia for multi-element analysis. A third and final batch of samples will also be dispatched soon.
Alara Resources Ltd awaits final assays at copper-gold project in Oman
Alara expects final assays and analysis from two in-fill holes by the end of the month at the Al Hadeetha Copper-Gold Project in Oman. Initial results from the in-fill drilling has discovered more high grade copper and gold.
Alara Resources Ltd to add to Al Hadeetha Copper-Gold resource, Oman
The drill results provide further impetus to the recently completed feasibility study which estimates a free cash flow of $109.5 million over 10 years in a conservative base case copper and gold production scenario.