Alkane ends 2018 on a high

NEW South Wales-focused Alkane Resources has posted an after-tax net profit for the December half of A$12.2 million off the back of continued good performance of the Tomingley operation, lifting its stockpiles of cash, bullion and investments of more than $80 million.

Alkane ends 2018 on a high Alkane ends 2018 on a high Alkane ends 2018 on a high Alkane ends 2018 on a high Alkane ends 2018 on a high

The newly-developed Tomingley portal.

The company made $52.4 million from gold sales, off slightly from the prior corresponding period's almost $59 million despite significantly lower production as the open pit mine wound down.

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