About Us

Alara at a Glance

Listed on ASX Limited on 24 May 2007.



Base metals exploration, development and production

Key Projects

Khnaiguiyah Zinc-Copper Project (50%), Saudi Arabia

Washihi Copper-Gold Project (70%), Oman

Daris Copper-Gold Project (50%, with right to 70%), Oman.

Issued Capital

506 million ordinary shares and 248 million options.

Projects Overview

Alara Resources is an advanced base metals exploration and development company with an attractive portfolio of mineral projects in Saudi Arabia and Oman.

The Company is advancing towards production at its flagship Khnaiguiyah Zinc-Copper Project in Saudi Arabia. The Definitive Feasibility Study for Khnaiguiyah was completed in April 2013 and confirmed a technically and financially robust project with a mine life of 13 years at 2Mtpa. First production is targeted at an average rate of 80ktpa Zinc and 5.8ktpa Copper over seven years.

Capex is estimated at US$257m with a rapid payback of 2.8 years. The total project area covers 380km² and comprises the Khnaiguiyah Mining Licence, two exploration licences and five exploration license applications, which are pending grant. The project contains Proved and Probable JORC Reserves of 26.1Mt at 3.3% Zn and 0.24% Cu.

There is strong potential to expand these reserves with further drilling along strike and at depth. The Khnaiguiyah Mining Licence was issued in December 2010 and has a 30 year exclusive term and no mineral royalties payable. Alara has a 50% interest in the Project with strategic partner United Arabian Mining Company (Manajem).

Why invest in Alara Resources?

  • Khnaiguiyah zinc-copper JV project (50%) nearing finance stage in Saudi Arabia
  • Low cost, conventional open-cut zinc-copper mine with rapid payback of ~3 years
  • Khnaiguiyah prospect: Proved Ore Reserves of 17.7Mt at 3.4% Zn, 0.29% Cu
  • Khnaiguiyah prospect: Probable Ore Reserves 8.4Mt at 3.1% Zn, 0.13% Cu
  • Saudi Arabia is a favourable investment destination (low tax, no royalties)
  • Excellent access to road, power and camp infrastructure
  • Positive Advanced Scoping Study completed for the Daris/Washihi Project
  • Washihi Prospect largest copper reserve in Oman
  • Exciting mix of projects in Saudi Arabia and Oman to drive value
  • Experienced board and management, highly capable of delivering growth