News - Alkane Resources Ltd
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  • 16-May-2019

    Third Near-Mine Discovery at El Paso Confirms 2.5km Tomingley Gold Corridor

    Gold miner and multi-commodity explorer, Alkane Resources (ASX: ALK), today reports drill results from near its central west NSW Tomingley gold mine which it describes as “great news” and pointing to “substantial” mine life extension for Tomingley. The results are from the El Paso prospect 7km south of Tomingley and together with results from two […]

  • 29-Apr-2019

    Alkane Quarterly Gold Sales Generate A$19.9m

    Multi commodity miner and explorer, Alkane Resources (ASX: ALK) has released its quarterly activities report to 31 March 2019. Production at Tomingley Gold Operations was above forecast at 10,669 ounces, with gold sales totalling 10,791 ounces generating revenue of A$19.9M at an average price of A$1,841/ounce. Guidance for FY19 has increased with production of 42,000 […]

  • 28-Mar-2019

    Significant Gold Intercepts Confirm Potential for Tomingley Extension ‐ 50,000 metres of Drilling Initiated

    Significant gold intercepts in central west NSW confirm potential for Alkane Resources’ (ASX: ALK) Tomingley extension. The broad, shallow high-grade intercepts three to four kilometres south of Tomingley Gold Operations demonstrate potential for material project life extension and flag a potential return to open pit mining. Over the last year, Alkane has conducted an extensive […]

  • 01-Feb-2019

    Multiple High Grade Gold Zones In Tomingley Regional Program

    An extensive regional exploration program focused on the immediate mine area to the south of Tomingley has continued as part of the plan to provide additional ore feed, either via open cut or underground, for the future of the Tomingley Gold Operations (TGO). RC and diamond core drilling is underway to further understand the potential […]

  • 30-Jan-2019

    Quarterly Activities Report to 31 December 2018

    Tomingley Gold Operations Development of the underground operation has commenced with both the main decline and vent portals established. Quarter Results Gold production was above forecast at 11,111 ounces. Site operating cash costs were A$846/ounce with AISC of A$1,051/ounce. Gold sales were 23,841 ounces for revenue of A$40.9M at an average price of A$1,716/ounce. Guidance […]

  • 06-Nov-2018

    REVIEW OF THE CHINESE ZOC MARKET AND GLOBAL FORECAST

    Zirconium oxychloride (ZOC) producers face tougher environmental standards in China, while materials costs are increasing worldwide, especially for zircon. Smaller producers are shutting down, the Chinese industry is consolidating, and ZOC prices are rising. In addition, many zircon mines are reaching the end of their life and supply chain stockpiles are dwindling, so the global […]

  • 30-Oct-2018

    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 […]

  • 29-Oct-2018

    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 […]