News - Alkane Resources Ltd
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  • 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 […]

  • 25-Oct-2018

    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

  • 19-Oct-2018

    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 […]

  • 18-Oct-2018

    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 […]

  • 17-Oct-2018

    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 […]

  • 08-Oct-2018

    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 […]

  • 23-Sep-2018

    Tomingley Underground Development Approved

    Alkane’s Board has approved the development of the underground mining operations at its Tomingley Gold Operations. Highlights of the development plan approved by the Board include: 93,000 ounces of gold recovered over a 40-month development at cash costs estimated to be A$1,100 – $1,200 per ounce. Ground support work for the portal will commence late […]