ALARA RESOURCES LIMITED 
By A.B.N. 27 122 892 719
Level 14, The Forrest Centre
221 St Georges Terrace
Perth Western Australia 6000
Telephone | +61 8 9214 9787
Facsimile | +61 8 9322 1515
Web |
www.alararesources.com
Email |
info@alararesources.com
Tuesday, 24 January 2012
MARKET ANNOUNCEMENT Environmental Approval - Khnaiguiyah Zinc Copper Project, Saudi Arabia
Alara Resources Limited (Alara) is pleased to announce that
after reviewing an environmental impact study and other
information (EIS) relating to the Khnaiguiyah Zinc Copper
Project (the Project), the General Presidency of Meteorology
and Environmental Protection in Saudi Arabia has granted
provisional environmental approval in respect of the Project,
with Ministerial approval expected to follow in due
course.
The approval is based on the EIS submitted in August 2011 by
United Arabian Mining Company (Manajem) which contemplated a
mill throughput of 1 million tonnes per annum (Mtpa).
The definitive feasibility study currently being finalised by
Khnaiguiyah Mining Company (KMC), being the joint venture
company holding the Project in which Alara has a 50%
interest, contemplates a mill throughput of 1 - 1.5 Mtpa.
To the extent that the final Project parameters differ from
that submitted by Manajem under the EIS, this may require an
addendum to the current approval.
Alara congratulates Manajem, its joint venture partner in the
Khnaiguiyah Mining Project, for achieving this key milestone
for the Project.
Shanker Madan
Managing Director
E | smadan@alararesources.com
ASX Code | AUQ
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| Documents associés | |
| Environmental Approval - Khnaiguiyah Zinc Copper Project, Saudi Arabia |
