Alara Resources Limited (AU:AUQ) has released an update.
Alara Resources Limited is set to commence its first shipment of copper-gold concentrate from the Al Wash-hi Majaza Mine on May 27, 2024, marking a significant milestone in revenue generation for its Omani JV. The company has also secured the renewal of the Block 8 exploration license, which had been pending since 2013, and is planning further exploration activities in the area. Despite current production challenges with the tailing filter press, efforts are underway to reach optimal capacity and an additional TFP is being acquired to improve operational efficiency.
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