About Alkane
Explorer and gold producer, delivering results
Alkane Resources Ltd is a gold exploration and production company
Our projects and operations are primarily located in Central West New South Wales.
We own and operate Tomingley Gold Operations, an open pit and underground gold mining development, located 50km southwest of Dubbo. This residential operation has a workforce of more than 250 employees and contractors. Following the approval of our Tomingley Gold Extension Project in February 2022, the operation is approved until the end of 2032.
Tomingley’s 1Mtpa processing facility poured 70,253 ounces of gold in FY23.
Alkane also holds several highly prospective gold and copper tenements in Central West NSW, including the Boda and Kaiser deposits 20km north of Wellington. The initial Boda and Kaiser resource estimates suggest a genuine prospect for a large-tonnage gold-copper development.
Alkane is headquartered in Perth, Western Australia, and our exploration team is based in Orange, NSW. The company was incorporated in 1969 and is listed on the Australian Securities Exchange (ASX:ALK).
We are explorers with a strong track record for finding mineral deposits with economic potential.
We are gold producers, enhancing prospects and creating value for stakeholders through sustainable development.
We deliver strong business results through careful planning, execution and investment.
Our values
We do what’s right in our actions and relationships.
We treat people and the environment with care.
We are proactive in communicating our intent and outcomes
We plan and execute to deliver strong business results.
Our mission
Alkane strives to discover economic mineral deposits and release their value through sustainable development or transaction. Our approach is technically conservative, with any financial risks carefully considered.
Our approach
To increase value for our shareholders and strengthen Alkane long-term, our primary strategy is to generate strong cash flow to fund exploration and development of promising prospects and projects. Key to this is extending the life of our Tomingley gold production facility.
From 2018 to 2023, Alkane made several important discoveries in Central West NSW. These include the San Antonio and Roswell deposits near Tomingley in 2018 and the Boda discovery near Wellington in 2019.
From 2024 to 2026, Alkane will ramp up production at Tomingley, continue near-mine exploration in search of additional resources, and undertake preliminary assessments of the Boda-Kaiser resources. Further exploration will be scheduled according to exploration results, land access arrangements and available budget.
FY2023 Highlights
Corporate & Operations
(at $2,703 per ounce)
investments (at 30/6/2023)
(2014 - 2023)
Exploration & Growth
Initial Kaiser Inferred Mineral Resource
(0.3g/t AuEq cut-off)
exploration prospects
combined Boda-Kaiser resources
(0.3g/t AuEq cut-off)
Our success
Ian Chalmers, Technical Director
Kaiser discovery
Outstanding Australian Tradeswoman, Operator or Technician - Casey Martin, Bogger Operator
Boda discovery
Tomingley Gold Operations
Mike Sutherland, General Manager NSW
(for conservation of the Pink-tailed Worm-lizard)