BASE METALS
The shares of ASX-listed Alara Resources traded 6% higher on Thursday after a judgment hearing date was awarded in its legal battle against joint venture (JV) partner United Arabian Mining Company (Manajem).
Manajem, which is Alara’s JV partner in the Khnaiguiyah zinc/copper project, in Saudi Arabia, in 2014 launched financial claims against the Australian miner, but the proceedings have dragged largely owing to requests by Manajem for more time to prepare documentation.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access
