Australia's Alara Resources rises as Oman gold project JV gets land grant

Alara Resources

14/07/2021 06:20

** Gold and copper explorer Alara Resources  AUQ.AX  rises
as much as 50% to A$0.021, marks its biggest intraday pct gain
since last November 
    ** Co's 50% JV, Al Hadeetha Resources LLC (AHRL), which is
developing the Wash-hi Al Majaza copper-gold project in Oman
received an additional land grant from the govt   urn:newsml:reuters.com:*:nASN001FVC
    ** Co says land will be used to construct a copper
processing plant and other utility structures
    ** Stock hits highest since Dec 22
    ** Almost 9.9 mln shares change hands, compared with the
30-day average volume of about 451,350 shares
    ** Stock down 22.2% this year, as of last close

 (Reporting by Anushka Trivedi in Bengaluru)
 ((Anushka.Trivedi@thomsonreuters.com; +918061823241;))