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Alara Resources ( (AU:AUQ) ) has shared an announcement.
Alara Resources Limited has successfully commissioned new interim tailings filter presses at its Al Wash-hi Majaza Copper-Gold Project in Oman, significantly boosting production capacity. The new equipment is expected to increase plant production to 85-90% of its design capacity, enhancing operational efficiency and increasing monthly copper-gold concentrate production to an estimated 3000-3200 dry metric tonnes. This development marks a key milestone in Alara’s efforts to enhance reliability and capacity, reflecting its commitment to operational excellence and delivering value for shareholders.
More about Alara Resources
Alara Resources Limited is a base and precious metals producer and explorer with projects in Oman. The company focuses on copper and gold production, with a significant interest in the Al Wash-hi Majaza Copper-Gold Project operated by Al Hadeetha Resources LLC.
Average Trading Volume: 480,679
Technical Sentiment Signal: Sell
Current Market Cap: A$27.3M
Find detailed analytics on AUQ stock on TipRanks’ Stock Analysis page.