tiprankstipranks
Trending News
More News >

Alara Resources Dispatches 16th Copper-Gold Shipment from Oman

Story Highlights

Alara Resources Limited ( (AU:AUQ) ) has shared an update.

Alara Resources Limited has successfully dispatched its 16th shipment of copper-gold concentrate from the Al Wash-hi – Majaza mine in Oman, operated by its joint venture company Al Hadeetha Resources LLC. The shipment, which departed from Sohar Port on April 26, 2025, consisted of 1395 wet metric tonnes of concentrate containing 237.9 metric tonnes of copper and 2.6 kilograms of gold. This milestone underscores Alara’s ongoing operational success and strengthens its position in the base and precious metals industry, potentially enhancing shareholder value and market presence.

More about Alara Resources Limited

Alara Resources Limited is an Australian-based producer and explorer of precious and base metals. The company focuses on operating the Al Wash-hi Majaza Copper-Gold mine and concentrate production facility in Oman, while also engaging in exploration activities across various projects in Oman. Alara aims to become a mid-tier minerals producer, maximizing shareholder value through profitable and sustainable operations.

YTD Price Performance: -42.86%

Average Trading Volume: 46,937

Technical Sentiment Signal: Buy

Current Market Cap: €10.51M

For a thorough assessment of AUQ stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App