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Site works have begun at the Al Wash-hi-Majaza copper-gold project
                                                               where Alara aims to start 0.9 mtpa production by the end of this year





































          activities  will  be  a  solid  cornerstone  to  attract  strategic   “The general model that is successful in other parts of the
          investors  and  ultimately  promote  the  entire  Omani  mining   world  where  a  junior  exploration  company...acquires  a
          sector,” Minerals Development Oman chairman Badar Saud   licence and develops the project to a certain level and brings
          Al Kharusi said.                                     in somebody to the sell the project to move on, has actually
          The  Minerals  Development  Oman  branch  of  the  Oman   been unsuccessful in Oman.
          Investment Authority is also planning to launch an airborne   “Few companies have done that in the past, but if you come
          geophysical study with geochemical studies to follow.  with the commitment of actually staying here and taking the
          Sthapak said high-quality work and experience brought in by   exploration to the next level to remain consistent with the
          Alara had helped to earn the trust of the Omani Government,   process,  you  develop  the  trust  and  that’s  actually  where
          finance  institutions  and  locals,  as  well  as  to  teach  the   the chances are that you get the licences and all the key
          Government practices in exploration.                 partners.”
          “The  mining  industry  in  the  past  in  Oman...there  were   Back  at  the  Al  Wash-hi-Majaza  project,  Sthapak  already
          projects not developed sustainably,” he said.        has ambitions to grow the mineable resources with satellite
                                                               deposits.
          “We spent quite a bit of time on getting the project financed
          with  the  local  banks.  The  banks  previously  had  bad   “With [works] going ahead and on track, we started to push
          experiences in mining and commodities; investing in mining   government to get the mining license for other deposits that
          projects that were not properly defined or studied.  Alara has explored to some extent,” he said.
          “There was also a lot of community unrest in some of the   “One of them was defined to a greater extent, but those were
          areas  so  we  have  taken  this  as  a  challenge  to  make  an   smaller volume deposits.
          example of where we can bring in international standards of   “But now we can develop a hub-and-spoke model where we
          mining into the country.                             have one plant at one location and we have satellite mines
          “We put the foot in the door, and we definitely want to expand   around supplying ore. We are quite keen to establish Alara...
          it and we have trust now from financiers and authorities that   as a mine producer in this part of the world.”
          we want to maintain.”                                For the future of Oman, Sthapak hopes to see generational
          Sthapak  also  said  success  demonstrated  by  Alara  in   growth  of  expertise  in  the  resources  industry  like  that  of
          Oman  may  encourage  more  international,  and Australian,   Australia.
          companies  to  come  prospecting  –  but  warned  they  must   “[The resources industry here] is dependent on expatriates...
          come with the correct intentions to gain the same level of   they don’t have that experienced workforce in the country,”
          trust.                                               he said.
          “You have to come with a mindset to work with the authorities   “When you’re trying to work with the authorities to develop
          here and work in a model where they see they are getting   those resources, but that will take up to 10 years from now,
          benefits,” he said.                                  we need to develop those projects now, we need people.”



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