Alkane Resources looks underground after stellar year at Tomingley Gold Operations
The company produced 78,533 ounces of gold in FY2018 for $128.8 million revenue at an AISC of $1,002 per ounce.
Company
Alkane Resources Ltd
ASX:ALK
Alkane Resources (ASX:ALK; TSX:ALK; OTCQX:ALKEF) is an Australia-based gold and antimony producer. The company has three wholly owned producing mines across Australia and Sweden: Tomingley (gold, NSW), Costerfield (gold-antimony, Victoria) and Björkdal (gold, northern Sweden). Alkane also owns the large gold-copper porphyry Boda-Kaiser Project in NSW
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Alkane Resources green light for Tomingley Gold Operations underground development
First underground ore is expected to be produced in the middle of next year with processing to begin in the final quarter of 2019.
Alkane Resources director Anthony Dean Lethlean snaps up more shares from the market
The company recently intersected high-grade gold at its Tomingley Gold Operations in New South Wales.
Alkane Resources director shows faith in multi-commodity strategy with on-market share purchase
The company’s Dubbo project is construction-ready and represents a source of rare earths and zirconium.
Alkane Resources leveraged to US rare earths purchase bans which create new demand potential
The company’s Dubbo project is construction ready and represents an independent supplier of rare earths such as hafnium, niobium and zirconium.
Alkane Resources’ gold drilling results confirm near-mine potential at Tomingley
Exploration program has focused on the resource potential of the immediate mine area.
Alkane Resources director buys one million shares on-market
David Chalmers spent 11 years as managing director of the company.
Alkane Resources confirms up to $1.2 billion valuation for Dubbo Project
The markets for the Dubbo Project's products are experiencing positive effects.
Alkane Resources is an award winning gold miner with a multi-commodity construction-ready project
The Dubbo Project hosts zirconium, hafnium, niobium, tantalum, yttrium and rare earth elements.
Alkane Resources wins mining operation of the year award
The spot gold price is at A$1,703 per ounce, well above production costs at the TGO.
Alkane Resources develops new process to produce hafnium
The high-purity product will help meet a growing global shortage of hafnium.
Alkane Resources confirms depth potential at Tomingley Gold Operations
Drilling results will be included in an underground mining study.
Alkane Resources drill results may extend open pit to underground
Any extension to Tomingley's mine life will add significant value to the gold operations.
Alkane Resources maintains focus to refresh board
Alkane will hold its annual general meeting on the 29th November 2017.
Alkane Resources doubles Proved Ore Reserves of Dubbo Project
The company's gold producing asset is supported by the Dubbo Project, which remains construction ready and supported by rising prices.
Alkane Resources' Ian Chalmers passes the baton to Nic Earner
Nic Earner has been working for Alkane for over four years.
Alkane Resources reveals epithermal style gold from Northern Molong Porphyry Project
Northern Molong covers a large portion of the northern Molong Volcanic Belt.
Alkane Resources discovers more gold at Tomingley after record production quarter
The El Paso prospect has the potential to host Tomingley-style gold deposits
Alkane Resources confirms a record June quarter for gold production
A strong June quarter of gold production has resulted in a slight beat to FY2017 guidance.
Alkane Resources upgrades gold production guidance
The company produces gold from the Tomingley Gold Operations in New South Wales.