Alkane Quarterly Gold Sales Generate A$11.4M Revenue
Multi commodity miner and explorer, Alkane Resources (ASX: ALK) has released its quarterly activities report to 30 September 2018. Production at Tomingley Gold Operations was in line with forecast at 15,634 ounces, with gold sales totalling 6,656 ounces generating revenue of A$11.4M at an average price of A$1,720/ounce. During the quarter Alkane announced it had […]
Alkane makes strategic investment in Explaurum Ltd.
The Board of multi-commodity miner and explorer, Alkane Resources Limited (ASX: ALK) “Alkane” has approved an investment into gold exploration company Explaurum Limited (ASX:EXU) “Explaurum” subject to Explaurum shareholder approval. This represents Alkane’s second strategic investment following its financing transaction with Calidus Resources Limited announced on 17 October 2018. Subject to Explaurum shareholder approval, Alkane […]
Annual Report to shareholders
Welcome to Alkane Resources’ Annual Report for 2018. The year has seen excellent performance in the Company’s gold activities, promising exploration results, and continued preparation for developing the Dubbo Project, which will supply zirconium, hafnium, niobium and rare earth elements to the global market. READ THE FULL REPORT
High Grade Gold Mineralisation in Tomingley Regional Program
Multi-commodity miner and explorer, Alkane Resources (ASX: ALK) has confirmed high grade gold mineralisation at a number of prospects in the Tomingley regional program. Alkane is undertaking an extensive regional exploration program focused on the immediate mine are to the south of Tomingley as part of the plan to provide additional ore feed, either at […]
108,000 Ounce Gold Resource at Peak Hill
The Peak Hill Gold Mine (PHGM) is located 15km south of Alkane’s operating Tomingley gold mine (TGO) in the Central West of NSW and was operated by Alkane from 1996 to 2005. At the Proprietary ore body an Inferred Mineral Resource using a 2.00g/t gold cut-off was defined in the sulphide zone: 1.02 million tonnes grading […]
Strategic Investment in Calidus Resources
The Board of multi commodity miner and explorer, Alkane Resources (ASX: ALK) “Alkane” has approved an investment into gold exploration company Calidus Resources Limited (ASX:CAI) “Calidus”, which has been executed today. With a strong cash position Alkane’s growth strategy for increasing shareholder value includes investing part of its cash balance in junior gold mining companies […]
From hay to oil to rare earths: feeding the evolving transport market
This is an update to my previous article about the challenges of meeting exponential demand for electric vehicles (EVs). The global transport market’s hunger for EVs is voracious and growing. In 2017, 1million new electric cars were sold – 54% more than in 2016 – along with 100,000 electric buses and 30million electric scooters/bikes, mostly […]
Tomingley Resource and Reserve Statements FY18
Mineral Resources and Ore Reserves for the Tomingley Gold Operations have been reestimated to account for depletion, increased geological knowledge with depth and actual operating costs and conditions: Total Mineral Resources – 6.78Mt grading 1.5g/t Au (437,000oz) Total Ore Reserves – 2.21Mt grading 1.8g/t Au (144,000oz) Total Ore Reserves includes the Underground Reserve Underground Ore […]