Alara upbeat about copper/gold project in Oman
JOHANNESBURG (miningweekly.com) – ASX-listed Alara Resources, which focuses on mining in the Middle East, says it is well on track with the development of a low-cost copper/gold project at Washihi, in the northern region of Oman.
The company believes that the legislative environment in Oman bodes well for its plans, noting that meeting with Public Authority of Mining of the Sultanate of Oman is scheduled for the last week of August.
“This will provide a timely opportunity to positively address the project’s position on environment and community issues, while highlighting key findings from the feasibility study and downstream benefits that will flow from the project,” Alara said in a statement.
Washihi’s indicated resource of 6.84-million tons, at a grade 0.9% copper and 0.17 g/t gold, can only be converted into a reserve after a mining licence is issued.
The company further lauded Oman, noting that the country was prioritising the development of the mining industry and ease of business through its new mining law, currently in its approval process by relevant Ministries.
“The new law is expected to help attract investment to develop the mining sector into a major contributor to the country’s gross domestic product,” the company said.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation