Oman Projects

Since 2009-10, Alara has been exploring opportunities in the Middle East, focusing on the exploration, development and production of Base Metals.

Alara is working on a pipeline of projects to keep us a viable company for the long-term, with a focus on sustainable economic, environmental, and social responsibilities in the countries we work with. Our presence in Oman will have a material impact on the development and growth of the local economy, and by providing many opportunities for local communities and businesses.

With our ongoing work in Oman, Alara now holds a significant position in the country’s mining sector. Over the years, we have become pioneers in the country by building strong partnerships with various government and private sectors. With the grant of the first Mining Licence for the Wash-hi Majaza copper deposit, Alara became the first foreign investor company to receive a licence to set up a copper mine and concentrator plant in the country. Working closely with the ISFU (Implementation Support & Follow up Unit), the Company played a significant role in streamlining policies and processes for licencing and other statutory requirements of the mining industry. Alara has been consistent with carrying out mineral exploration under the standards and guidelines of the JORC Codes and has maintained a high degree of transparency in what we do. Whilst there have been challenges working through these requirements, our close relationships and valuable partnerships within the sectors as well as a supportive and cohesive leadership team have enabled us to work through them and obtain the licences required to establish and develop an Australian-led mining project.

Since 2010, utilising state of the art exploration and evaluation techniques over its >1,000km2 area in five JV exploration licences, the Company has conducted airborne and multiple ground geophysical surveys, over 20kms of drilling by multiple methods, several thousand geochemical analyses, as well as JORC-compliant resource estimations and studies leading to feasibility studies undertaken for the Wash-hi and Daris East resources. We are now in a strong position in Oman with our primary Washi-hi Majaza Copper-Gold Project having received licences, approval, and funding to move forward into construction of the Company’s first working mine.

After a year of the global pandemic, with its supply chain disruptions, race for PPE, testing kits and vaccines, the critical importance of securing sufficient raw materials in combating society’s problems has never been more in focus. This importance extends to the next greatest challenge of our time: climate change. The critical role copper will play in achieving the Paris climate goals cannot be understated. The global forecasted requirement for copper over the next 10 years is trending upward at rate of ~3% annually. Goldman Sach's research quantifies this demand in a bottom-up model, estimating that by 2030, copper demand from the transition will grow nearly 600% to 5.4Mt in their base case and 900% to 8.7Mt. With the demand and supply gap for copper metal predicted to expand, Alara with its large portfolio of copper, remains in a strong position to provide the forecasted requirements.

Al Hadeetha Project (Wash-hi Majaza Licence)

Commenced 2012
Alara's Interest in JV 51%
Commodities Copper, Gold
Exploration Licence Valid, 39km2
Mining Licence Valid, 3km2
Stage Design and construction
Project Parameters:  
Total pre-production Capex US$60 million (including EPC, Project Management, STP & pipeline, power, road, and contingency)
Mining method Open pit, 10.3 years
Project construction 15 months
First production Q3 2022
Final production 2032
Processing rate 1 Mtpa
Average annual concentrate production 35,000 wet metric tonnes
Total tonnes copper metal production 79,297 tonnes
Total gold ounces 21,825 ounces
Unit operating costs $31.2/tonne of processed material

Daris Project

Commenced 2010
Alara's Interest in JV 50% with option to increase to 70%
Commodities Copper, Gold
Exploration Licence Under renewal, 587km2
Mining Licence Two applications in process of being granted
Resources Daris East measured and indicated: 240,024 tonnes @2.37% Cu
Stage Design and construction

Awtad Project

Commenced 2011
Alara's Interest in JV 10% with option to increase to 70%
Commodities Copper, Gold
Exploration Licence Renewal in progress, 497km2
Stage Exploration