Alara Dispatches 17th Copper-Gold Concentrate Shipment From Oman Mine; Shares Fall 4%
MT Newswires Live
May 23, 2025
Alara Resources (ASX:AUQ) dispatched the 17th shipment of copper-gold concentrate from its Al Wash-hi-Majaza mine in Oman on Thursday, according to a Friday filing with the Australian bourse.
The copper-concentrate plant produced 1,277 wet metric tonnes of copper-gold concentrate, containing around 223.6 metric tonnes of copper and 2.9 kilograms of gold in the latest shipping cycle, the filing said.
The mine is operated by the firm's joint venture Al Hadeetha Resources, in which it holds a 51% stake, per the filing.
Alara Resources' shares fell 4% in recent Friday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.