Alkane Resources boosts quarterly gold production
The company had A$29.0 million in cash and gold at the end of March.
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 looks to build gold inventory with drilling
Drill results show positive signs for additional gold at Tomingley.
Alkane Resources reveals Molong Porphyry draws comparisons to Ridgeway deposit
Alkane was also added to the All Ordinaries Index in the March 2017 re-balance.
Alkane Resources named in top performing companies on OTCQX
Alkane Resources recorded a 2016 return of 54.60%.
Alkane Resources assays to extend Tomingley gold operations
Alkane Resources looks to extend Tomingley's life of mine.
Alkane Resources sends samples to potential customers of DZP
The DZP is a large polymetallic resource containing zirconium, hafnium, niobium, yttrium and rare earths.
Alkane Resources Ltd retains focus on gold cash flows with rare earth upside
Alkane shares have traded up 145% year to date, currently priced at $0.585.
Alkane Resources Ltd shares continue their stellar year
Alkane Resources Ltd's shares are trading up over 160% year to date.
Alkane Resources Ltd see chance to lower capital costs by US$450M
Alkane Resources Ltd (ASX:ALK) has conducted an internal review that shows an opportunity to lower initial capital costs at the Dubbo Zirconia Project to US$480 million from US$930 million.
Alkane Resources Ltd signs MOU as share price continues upswing
Alkane has signed a MOU with the Australian arm of Siemens AG.
Alkane Resources Ltd kicks off large exploration program at Tomingley
Alkane’s commitment to exploration at Tomingley makes for a sustainable cash-generating gold operation in an environment of high gold prices, currently at A$1,745 per ounce.
Alkane Resources Ltd signs zirconium marketing and sales agreement
The signing of this exclusive agreement with the experienced Minchem is an important step for Alkane as it moves towards securing financing for the Dubbo Zirconia Project.
Alkane Resources Ltd's gold production prompts Speculative Buy from broker
Gold production from the Tomingley Gold Operations was up 24% in the June quarter, delivering FY16 production of 67,800 ounces, within guidance.
Alkane Resources Ltd achieves gold production guidance for FY16
Alkane’s gold production for FY16 was within guidance. With further evidence of quarterly production increasing and costs decreasing, TGO is becoming a more profitable cash producing asset for Alkane.
Alkane Resources Ltd completes $16.5M raising as gold soars
Alkane has guided Tomingley FY16 gold production of 60,000-70,000 ounces at a total operating cost of A$1,250-1,350 per ounce. The AUD gold price is currently trading at A$1,795 per ounce.
Alkane Resources Ltd bags $12.4M to develop Dubbo Zirconia Project
The DZP is located northwest of Sydney and is a large polymetallic resources containing zirconium, hafnium, niobium, yttrium and rare earths. The project has reserves to support a 35 year mine life and it has a NPV of US$0.92 billion.
Alkane Resources Ltd finds gold-copper evidence of another Cadia
Alkane is attempting to identify a large copper gold porphyry at Bodangora, which we know exist in the region thanks to Cadia Valley.
Alkane Resources Ltd locks in gold hedge at A$1,715 an ounce
Alkane has entered into AUD gold forwards for 48,633 ounces at A$1,715 per ounce. The new forwards, in conjunction with the existing contracts for 24,000 ounces at A$1,618 per ounce, will support 16 months of strong operating cash flows.