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Alara Resources ( (AU:AUQ) ) has provided an update.
Alara Resources has marked the 40th shipment of copper concentrate from its Al Wash-hi Majaza copper-gold mine in Oman, underscoring steady output from the flagship operation. The latest parcel, which left Sohar Port on 26 April, totalled 1,064 wet metric tonnes of concentrate containing about 186 tonnes of copper and 125 ounces of gold.
Recent shipments show consistent production volumes, with parcels dispatched on 29 March, 11 April and 26 April maintaining regular export cadence. Management noted that regional geopolitical tensions are constraining vessel and container availability, but the joint venture continues to move product by sending smaller-than-planned but frequent shipments, helping sustain revenue flows and operational continuity.
More about Alara Resources
Alara Resources Limited is an Australian-based precious and base metals producer and explorer focused on copper and gold. The company operates the Al Wash-hi Majaza copper-gold mine and concentrate plant in Oman through a majority stake in joint venture Al Hadeetha Resources, while also advancing multiple other exploration licences across the country.
Average Trading Volume: 339,621
Technical Sentiment Signal: Sell
Current Market Cap: A$28.11M
See more insights into AUQ stock on TipRanks’ Stock Analysis page.