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Alkane Resources Ltd (ALK.AX)

ALK.AX on Australia Stock Exchange

0.24AUD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Alkane Resources says Tomingley Gold Operations saw a 59% increase in gold production from previous quarter
Monday, 17 Apr 2017 07:36pm EDT 

April 18 (Reuters) - Alkane Resources Ltd -:At tomingley gold operations saw a 59% increase in gold production from previous quarter to 18,721 ounces.Full year guidance for fy2017 remains at production of 53,000 - 58,000 ounces with an aisc of a$1,600 - a$1,750 per ounce.FY17 production is expected to be in higher end and aisc at lower end of guidance range.Gold sales 16,303 ounces for revenue of a$27.6 million at an average price of a$1,694/ounce in march quarter.Forecast indicates q4 production should be similar to q3, but if over reconciliation in caloma two continues, gold production could be higher.  Full Article

Alkane Resources signs marketing agreement with Minchem
Monday, 15 Aug 2016 07:14pm EDT 

Alkane Resources Ltd : Zirconium marketing and sales agreement signed for DZP . Says at full capacity, the DZP zirconium revenue is estimated to be US$100 -120 million . AZL signed exclusive worldwide marketing, sales and distribution agreement with Minchem for all zirconium materials produced by DZP . Initial term of agreement is five years from commencement of dzp production,with option to extend further 5 years by mutual agreement .  Full Article

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