CAPITAL MARKETS

Alkane gold up in March

PRODUCTION at Alkane Resources’ Tomingley gold operations has rebounded 59% in the March quarter following a period of rain delays, while the company continues efforts to secure financing for its Dubbo rare earths project.

Andrew Hobbs
Alkane gold up in March

The company produced 18,721 ounces of gold in the March quarter, up from the 11,756oz produced in December, and in line with a full year guidance of 53,000-58,000oz. The project’s all-in sustaining costs...

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