Alkane ups gold expectations

June 26, 2017

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ASX-listed Alkane Resources has increased its production expectations for the second half of 2017 on the back of continued strong production from its Tomingley gold project, in New South Wales.

The company was now expected to produce between 43 000 oz and 45 000 oz, instead of the previous guidance of between 31 000 oz and 36 000 oz, with all-in sustaining costs to reach between A$1 000/oz and A$1 100/oz, instead of the previous guidance of between A$ 1350/oz and A$1 550/oz.

Category: General