News Articles for Alara Resources

Alara issues Takeovers Panel assurance

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Perth-headquartered Alara Resources will seek Takeovers Panel approval to issue shares under a $15 million raise, due to concerns over a major holder's growing presence on its registry.

Alara taps investors for $15m

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Oman-focused Alara Resources has announced plans to raise $15.3 million, as it aims to resolve a brief production bottleneck at its Wash-hi Majaza copper mine.

Board Moves February 2, 2022

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Our board moves wrap includes Samantha Tough, Srikrishnan Vaidyanathan, Devaki Khimji, Farrokh Masani, Angus Thomson, Cecilia Tyndall, Simon Adams, Robbie Featherby, and Susan Park.

Former Alara boss takes reins at Oar

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ASX-listed Oar Resources has appointed senior mining executive, Justin Richard as its new Chief Executive Officer and Managing Director, effective immediately. Richard previously served as Managing Director of ASX-listed Alara Resources, where he led that company through several capital raisings, a bankable feasibility study, a maiden ore reserve estimation and an offtake agreement.

Board Moves December 3, 2020

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Today's board moves wrap includes Avi Sthapak, Stefanie Wilkinson, Caroline Cox, Geof Stapledon, and Bill Hobba.

Board Moves October 26, 2020

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Our board moves wrap includes Sanjeev Kumar, Nicholas Ong, and Flemming Bjoernslev.

Board Moves September 10, 2020

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Our board moves wrap includes Gernot Abl, Adam Jacoby, Roger Jackson, Raj Ray, Adam Zorzi, Chris Sutherland, John Young, Li Yi, James Phipps, and Lindsay Maxsted.

Board Moves July 28, 2020

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Our board moves wrap includes Atmavireshwar Sthapak, Justin Richard, John McEvoy, Adrian Smith, Mark Twycross, and Peter Dawson.

Board Moves July 6, 2020

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Our board moves wrap includes Richard Hill, Terry Topping, Andrew Haythorpe, Stephen Gethin, James Phipps, Dinesh Aggarwal, Marc Dorion, David Bradley, and Paul Bennett.

Corporate finance deals Feb 26 to Mar 2 2018

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S2 Resources advises that completion has occurred under the Heads of Agreement that was announced on 14th February 2018.

Alara signs copper offtake agreement

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Perth-based explorer Alara Resources has signed an offtake agreement for copper from its Al Hadeetha project in Oman, with the deal including a $US6 million ($A7.8 million) pre-payment.

Board Moves March 29 – April 4 2016

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Emma Walczak has been appointed as joint company secretary of Tanga Resources.

Board Moves – Feb 9-10 2016

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Tony Chong has been appointed as non-executive chairman of TV2U Worldwide. Mr Chong is a corporate and tax lawyer and also serves as the lead partner of Lavan Legal's corporate services group.

Alara announces new MD, flags merger

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Saudi Arabia and Oman-focused copper-gold explorer Alara Resources has flagged the possibility of a scrip merger with an unnamed party, while also announcing the appointment of a new managing director.

Junior explorers pay up for CEOs

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Pay cuts, some up to 50 per cent, were the order of the day in the Business News quarterly CEO salary survey, but not all companies have been on trend.

Hopkins heads Alara

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Middle Eastern minerals explorer Alara Resources has appointed non-executive director Philip Hopkins as managing director, to replace Shanker Madan, who remains as a non-executive director.

Hopkins joins Alara Resources

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Alara Resources has appointed Philip Hopkins as non-executive director to the board.

Alara's $30 million placement a success

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Perth-based diversified explorer Alara Resources has completed a $30.4 million capital raising through a 36 cents per share placement to institutional and sophisticated investors.

Alara completes $10.58m capital raising

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Perth-based Alara Resources has completed a $10.58 million capital raising which the company says will help fund the cost of acquiring a zinc-copper project in Saudi Arabia.