AUQ

Alara Resources (ASX: AUQ) has overcome manufacturing defects to successfully commence concentrate production at its Al Wash-hi – Majaza copper-gold mine and copper concentrate plant in Oman. The project timeline was recently revised after manufacturing defects were identified during semi-autogenous grinding mill commissioning. The manufacturing error was observed in the high-speed (HS) couplings of the […]

Alara Resources’ (ASX: AUQ) joint venture vehicle Al Hadeetha Resources has executed a €60 million Euro Investment Agreement with Qatar-headquartered SAMA Global Investment. Emerging from a trading halt today, Perth-based Alara said the funds would be used for the development of the Washihi-Mazzaza copper project located in Oman. The capital injection will be applied principally […]

Perth-based minerals exploration company Alara Resources (ASX: AUQ) has received encouraging news regarding its Al Hadeetha copper project in Oman. The copper junior said that Oman’s public authority approved its Washihi mining licence application, submitted as part of a joint venture with Al Hadeetha Resources. With the application granted, Alara says all associated mining licence […]