Alkane rides wave of high gold prices
The surging Australian dollar, the gold price and higher production has seen NSW Central West gold miner and copper explorer Alkane book a 33% surge in revenue for the three months to September.
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Alkane Resources meets 2023-24 guidance for Tomingley Gold Mine
Alkane Resources (ASX:ALK) has confirmed that its Tomingley Gold Mine in central western NSW met its reduced guidance estimate for the 2023-24 financial year after a slower-than-predicted expansion ramp-up in the final quarter of the year.
Read MoreAlkane Resources unveils ambitious five-year plan
Two weeks after issuing a downgrade, Alkane Resources (ASX:ALK) has followed through on a promise to release a new five-year development plan for its Tomingley gold mine in the central west of NSW, where it is also in the process of unearthing a series of massive copper ore bodies.
Read MoreAlkane Resources faces gold production setback
Alkane Resources (ASX:ALK) surprised on Tuesday with a downgrade of its 2023-24 gold production and cost estimates for its Tomingley mine, even though the shares failed to reflect the news with an early session rise.
Read MoreStocks of the Hour: Alkane Resources, QX Resources, Buxton Resources
A snapshot of the stocks on the move, featuring Alkane Resources (ASX:ALK), QX Resources Limited (ASX:QXR) and Buxton Resources (ASX:BUX).
Read MoreAlkane Resources’ Tomingley gold mine shows strong growth and exploration success
11 Jul 2023 – Alkane Resources’s (ASX:ALK) Tomingley gold mine is looking stronger by the day or so it seems in July. Not only did it meet guidance for record gold production for the 2023 financial year of more than 70,000 ounces but its exploration efforts continue to find more areas of interest that will give the mine longer lifespan.
Read MoreMolong Prospects Set to Brighten for Alkane
A seemingly modest update this week seems certain to result in Alkane boosting the estimated resource at its large porphyry / copper / gold prospects in the Molong area of central western NSW.
Read MoreMolong Project Could Boda Well for Alkane
Alkane Resources looks like it is moving closer to confirming it has a monster porphyry gold copper prospect smack bang in the heart of the huge central NSW minerals province.
Read MoreAlkane, Magmatic Two Peas in the Western NSW Mining Pod
Emerging gold/copper miners Alkane Resources and Magmatic Resources are starting to make waves with their neighbouring prospects in the increasingly productive central west area of NSW.
Read MoreMining Morsels: GOR, ALK, WMC
Gold’s struggles don’t seem to be slowing down the busy local sector’s news feed in any way – here are three more updates released during Wednesday’s ASX session.
Read MoreIs Copper Due For A Run?
The bellwether of global economic activity, copper has pretty much marked time over the last 12 months price-wise – a fair reflection of the sluggish conditions.
Read MoreAlkane’s Strong Copper-Gold Hit Re-Ignites Interest In NSW’s Porphyry Potential
Alkane’s (ASX:ALK) big porphyry gold-copper hit at its Boda prospect in NSW’s central west continues to be the talk of mining investor circles.
Read MoreOpportunities Exist Within A Trade War – Rare Earths & Boron
Boron really is a wonder element and as the appreciation for its advantages and applications increase, so will the search for the future players in this industry. We have seen with PPK how quickly the market can be excited by a boron application and ABR is the cheap and forgotten future source of all this excitement.
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