Alara Resources Limited (AU:AUQ) has released an update.
Alara Resources Limited has successfully dispatched its third shipment of copper-gold concentrate from the Al Wash-hi Majaza mining project in Oman, containing 120 MT of copper and 4.056 Kg of gold. The company, which holds a 51% interest in the joint venture, is also improving its plant productivity through filter press enhancements and plans to install additional units by year’s end. Following modifications, the company anticipates an increase in concentrate production and has adopted a faster 3-week dispatch cycle for the remainder of the year.
For further insights into AU:AUQ stock, check out TipRanks’ Stock Analysis page.