Alara Resources (ASX: AUQ) — Company Overview, News & Financial Data
Alara Resources is an Australian mineral exploration and development company focused on base and precious metals, predominantly copper and gold projects in the Sultanate of Oman.
Alara Resources
Alara Resources is an Australian mineral exploration and development company focused on base and precious metals, predominantly copper and gold projects in the Sultanate of Oman. The company's key operational assets include the flagship Al Wash-hi Majaza copper-gold project, where it operates a processing plant and mining facilities under Al Hadeetha Resources, along with exploration concessions such as Block 22B, Block 7 (Daris), and Block 8 (Awtad). In addition to mineral asset development, the firm provides specialized contract mining, drilling, geotechnical, and feasibility services to support resource extraction and infrastructure across its operational footprint.
Snapshot
Operations
Products and/or services of Alara Resources
- Copper Mining and Processing: Extraction and processing operations centered on the flagship Al Wash-hi Majaza copper-gold project in Oman, featuring a 1-million-tonne-per-annum processing plant designed to produce commercial copper concentrate with significant gold by-products.
- Block 22B Copper Exploration: Copper and precious metal exploration and site evaluation activities conducted within the Block 22B concession in Oman, focused on defining economic mineral reserves and identifying potential satellite mine development opportunities.
- Daris Copper-Gold Project: Mineral exploration and resource definition activities across Block 7, including the Daris 3A5 and Daris East deposits in Oman, aiming to supply additional high-grade copper feed to central processing facilities.
- Awtad Copper Project: Exploration and concession evaluation targeting copper-gold deposits in Block 8 located in Oman, executed through joint venture arrangements to expand the regional resource footprint and potential feed sources.
- Contract Mining and Drilling Services: Specialized operational services encompassing exploratory core drilling, reverse circulation drilling, mine infrastructure construction, and site layout execution for both internal mineral projects and third-party resource operations.
- Geotechnical and Feasibility Engineering Studies: Comprehensive geological modelling, hydro-geological assessment, site environmental management, and bankable feasibility study preparation supporting base metal mine developments and infrastructure across Oman and international target regions.
Alara Resources executive team
- Peter LeeExecutive Chair
- Atmavireshwar SthapakMD & Executive Director
- Dinesh AggarwalChief Financial Officer
- Avigyan BeraChief Executive Officer of AHRL
- Rexin KamilasFinance & Administrative Manager and GM of Operations
- Neelabh DubeyGeneral Manager of Sales & Logistics
- Lujaina Al-BalushiHuman Resource Manager
- Nishith C. ChandraHead of HR - AHRL
- Gautam JainFinancial Controller - AHRL
- Mobashirul HodaHSC Head - AHRL
Latest news about Alara Resources
Recent announcements
What Alara Resources (AUQ) has told the market, newest first.
- 66th Copper Concentrate Shipment Dispatched from Sohar Port
- Block 22B Concession Exploration and Prospect GenerationPrice sensitive
- Annual General Meeting Information
- 65th Copper Concentrate Shipment Dispatched from Sohar PortPrice sensitive
- Appendix 4G
- Corporate Governance Statement
- Annual Report
- Appendix 3Y - Late Lodgements
Key financials
Reported results for Alara Resources.
- Market cap
- 55.4M
- Revenue (TTM)
- 134.4M
- P/E ratio
- 6.0
- EPS (diluted, TTM)
- 0.0
- Dividend yield
- —
- Profit margin
- 8.4%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 134.4M | 26.8M | 11.3M | |
| 55.1M | -12.1M | -10.1M | |
| 5.5M | -8.7M | -5.8M | |
| 25.3K | -2.7M | -1.9M |