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Alara Resources ( (AU:AUQ) ) has issued an announcement.
Alara Resources Limited announced the successful dispatch of the 23rd and 24th shipments of copper concentrate from its Al Wash-hi – Majaza mine in Oman, totaling 3006 WMT of copper-gold concentrate. This shipment cycle included approximately 542.3 MT of copper and 4.6 kg of gold, highlighting the company’s ongoing production capabilities and its strategic positioning in the copper-gold market. The shipments were dispatched from Sohar Port due to logistical constraints and vessel availability, underscoring the operational challenges and strategic planning involved in the company’s export activities.
More about Alara Resources
Alara Resources Limited (ASX: AUQ) is an Australian-based producer and explorer of precious and base metals. The company is primarily focused on operating the Al Wash-hi Majaza Copper-Gold mine and concentrate production facility in Oman. Additionally, Alara is engaged in exploration activities across several projects in Oman, including those under various joint ventures. The company’s mission is to become a mid-tier minerals producer, delivering maximum shareholder value through profitable and sustainable operations.
Average Trading Volume: 494,471
Technical Sentiment Signal: Buy
Current Market Cap: A$33.73M
Find detailed analytics on AUQ stock on TipRanks’ Stock Analysis page.