PRECIOUS METALS

Busy Alkane has good quarter at Tomingley

ALKANE Resources has delivered a good quarter from its modest Tomingley gold operations in New South Wales, producing 6929 ounces at all-in-sustaining-costs of A$1441/oz.

Gold from Tomingley

Gold from Tomingley

Gold sales were 9143oz for revenue of $19.1 million at an average price of $2084/oz, with guidance for the financial year unchanged at 30,000-35,000oz at an AISC of $1250-1400/oz. Alkane has hedging...

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