PERTH (miningweekly.com) – Construction activities have started at the Al Wash-hi Majaza copper/gold project, in Oman, in which ASX-listed Alara Resources holds a 51% interest.
“Breaking of ground for the accommodation village in preparation for the construction of mine-site infrastructure is the most important milestone in Alara’s journey from mineral explorer to copper/gold producer to date,” chairperson Stephen Gethin said.
“This achievement reflects the skill and dedication of MD Atmavireshwar Sthapak, our project partners Al Naba Group and Al Tasnim Enterprises and their teams. Alara looks forward to updating investors on ongoing progress to completion of the copper/gold mining-processing facility at the Al Wash-hi Majaza project, scheduled for the third quarter of 2022.”
The Al Wash-hi Majaza copper/gold project will process some one-million tonnes a year of mineralised material, over a project life of just over ten years. The project will require a capital investment of $60-million, and will produce an annual 35 000 t of concentrate.