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Alara Resources Limited ( (AU:AUQ) ) has shared an announcement.
Alara Resources Limited has signed a concession award agreement for the Block 22B mineral exploration license in Oman, marking a significant development in its mining operations. This partnership is poised to enhance Oman’s mining industry, create local employment, and contribute to economic diversification, aligning with the country’s Vision 2040.
More about Alara Resources Limited
Alara Resources Limited is a base and precious metals producer and explorer with projects in Oman. The company is involved in a joint venture through Al Hadeetha Mining LLC, which includes both international and local stakeholders, showcasing a commitment to advancing Oman’s mining sector.
YTD Price Performance: -5.00%
Average Trading Volume: 16,666
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €16.85M
For a thorough assessment of AUQ stock, go to TipRanks’ Stock Analysis page.