Gold prices lift Alkane profits

GOLD producer Alkane Resources has recorded a net profit of $A4.7 million after tax for the 2016 financial year, on the back of an increase in sales prices.

Gold prices lift Alkane profits Gold prices lift Alkane profits Gold prices lift Alkane profits Gold prices lift Alkane profits Gold prices lift Alkane profits

Alkane’s total profit before tax increased to $14.8 million, while revenue was up 7%, or $7.2 million to $109.6 million.