Business news

    Alara Resources (ASX:AUQ) Oman project on track

    Article Image

    Alara Resources (ASX:AUQ) says lots of construction activity has substantially progressed its 51% owned Al Wash-hi Majaza Copper-Gold project in Oman over recent weeks.

    The Australian-based precious and base metals explorer and developer says electrical work has continued at the primary substation, with the handover date for this integral part of the infrastructure package expected to be Christmas Day.

    Alara maintains the expectation the project remains on track for completion in the June 2023 quarter.

    The company?s share price is up 50% this year to date.

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa