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English news

15-Jun-2016

Al Hadeetha to start mine’s commercial development by year end

Al Hadeetha Resources, a 70:30 joint venture between the Australia-based Alara Resources and Al Hadeetha Investment Services, plans to start commercial development/construction at its copper and gold mine project in Washihi, which is located about 160 kilometres south-east of Muscat, by the end of this year. It also plans to invest an additional USD50mn in commercial mining and it will take a year to start commercial production, says Justin Richard, chief executive officer of Alara Resources. (Times of oman)

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