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Alara’s Oman JV Secures $36.4M Boost to Accelerate Copper-Gold Growth

1:31pm on Wednesday 19th of November, 2025 AEDT Mining
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Alara’s Oman JV Secures $36.4M Boost to Accelerate Copper-Gold Growth

1:31pm on Wednesday 19th of November, 2025 AEDT
Key Points
  • Additional $36.4 million loan facility secured from Sohar International Bank
  • Total loan facility now approximately $96.2 million
  • Funds allocated to capex payables, new tailings filter press, sustaining capital, and working capital
  • JV to convert corporate structure to Closed Joint Stock Company by June 2027
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