Alara Dispatches 20th Copper-Gold Concentrate Shipment From Oman Mine; Shares Rise 6%

MT Newswires Live

Jun 30

Alara Resources (ASX:AUQ) dispatched the 20th shipment of copper-gold concentrate from its Al Wash-hi-Majaza mine in Oman on June 29, according to a Monday filing with the Australian bourse.

The copper-concentrate plant produced 1,323.3 wet metric tonnes of copper-gold concentrate, containing around 237.4 metric tonnes of copper and about 2 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.

Shares of the company rose 6% in recent Monday trade.

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