Articles On Alkane Resources (ASX:ALK)

Investors – where to put your money when everything looks so bloody good? Iron ore touched $200/t once again to close out a volatile month in positive territory. Gold bounced back to record its biggest month-on-month gain since July last ye...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

The fun police have arrived to crash the copper party, with a WoodMac article this week dampening the mood amid the base metal’s irreverent climb to record prices. Copper prices have been on an absolute tear over the past two months, pushin...

Kincora Copper’s significant exploration position in the highly prospective Macquarie Arc gold-copper terrane of the Lachlan Fold Belt, its highly skilled team and multiple high-quality targets with Tier 1 potential have caught the eye of B...

The most noteworthy directors trade over $100,000 was a $6 million buy made by a former NRL player. Wes Maas played two first-grade games for South Sydney in 2002 but after that founded civil and mining construction company Maas Group (ASX:...

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

The ASX is getting a new Lachlan Fold Belt copper hunter with Askari Metals set to open its $6m IPO this week. With the price hitting yet another record high, now is definitely the time for copper plays to be making their mark. Last Friday...

The copper price has reached an all-time high (ATH) of US$10,420/tonne after rising by 3.2% late Friday. This puts the price of the red metal at more than double its March 2020 lows. Dr Copper is in the house.   What’s driving demand? The r...

Alkane produced 16,000 ounces of gold at the Tomingley Gold Mine in NSW during the March quarter which exceeded stockbroker Ord Minnett’s expectations by 33%.

Alkane produced 16,000 ounces of gold at the Tomingley Gold Mine in NSW during the March quarter which exceeded stockbroker Ord Minnett’s expectations by 33%.

Ord Minnett has a buy recommendation and a $1.30 per share price target for Alkane, which is a 48% valuation upside on the current share price of 88 cents.

Odyssey Gold impresses with ‘significant visible gold’ in maiden drilling Great Boulder another WA winner with large-scale gold find Uranium play the outlier in a sea of WA gold Here are the biggest small cap resources winners in early...

Kincora has scored a win in the red-hot Lachlan Fold Belt of NSW with another junior effectively testing one of its projects with the drilling of a neighbouring project kicking off this month. Following a recent induced polarisation (IP) s...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Assays received from the current drilling program at Boda and Boda Two comprised of seven diamond core holes for a total of 10,091 metres.

Taruga makes new high-grade copper discovery as prices hit 10-year high Thomson cements earn-in to White Rock’s Mt Carrington gold-silver project Alkane’s Boda in the red-hot Lachlan Fold just keeps growing Here are the biggest small ca...

Small caps have declined for the fourth time in the past five days — but still finished April with their strongest performance in six months. The Small Ordinaries index gained 4.83 per cent in April despite declining 0.96 per cent this week...

Summary Newcrest Mining’s operating performance in the March quarter was in line with expectations. The company is on track to deliver FY21 guidance. Westgold Resources reported another solid result for the March 2021 quarter, beating...

Higher gold production in the March quarter prompted the company to increase its financial year 2021 guidance to 50,000-55,000 ounces at a reduced all-in-sustaining cost (AISC) of A$1,400 to A$1,550 per ounce.

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

Sultan Resources (ASX: SLZ) has identified a “classic” east Lachlan porphyry copper-gold drill target following an induced polarisation survey of its Big Hill prospect in New South Wales. The company has interpreted the results of the IP su...

Summary Metals X Limited (ASX: MLX) has reduced its production guidance for FY21. The miner’s total production for the quarter suffered a 25% blow, compared with the previous quarter. The company has increased its cash position by the...

The March quarter was a busy period for Alice Queen (ASX: AQX), with the company kicking off a scoping study at its Horn Island gold project and revealing it was acquiring two “highly prospective” licences in Fiji. In March, Alice completed...

Summary Northern Star Resources (ASX: NST) and Evolution Mining (ASX: EVN) have released their March quarterly results. Northern Star remains on track to achieve its cost and production guidance. Evolution Mining has improved its cost...

At the start of each week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels c...

The gold producer has again increased its 2021 financial year guidance to 50,000-55,000 ounces at a reduced AISC of A$1,400 to A$1,550 per ounce.

A STRONG quarter at the Tomingley gold mine in New South Wales has resulted in a guidance increase by owner Alkane Resources.

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Things are starting to get interesting for Impact Minerals in its copper-gold porphyry hunt in NSW. An ongoing drilling campaign at the Apsley prospect has identified characteristics similar to Alkane Resources’ revered Boda discovery that...

Although assays are still to come, ongoing drilling at Impact’s Apsley copper-gold prospect in NSW has indicated that some of the strongest alteration is in the centre of the target area. Drilling to test a number of coincident induced pola...

Major copper producers are losing market share as demand for the red metal gets set to explode thanks to the clean energy transition already underway. This opens up a big gap for emerging producers to step in and fill.   This was illustrate...

Newcrest Mining, Silver Lake Resources, West African Resources, Alkane Resources and Regis Resources.

At the start of each week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels c...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

Kincora Copper will become a dual listed company this morning when it lights up the ASX boards following a heavily subscribed IPO, with two rigs currently drilling at its brownfield Trundle porphyry project and a pipeline of newsflow. At t...

At the start of each week I like to look at ASIC’s short position report to find out which shares are being targeted by short sellers. This is because I believe it is well worth keeping a close eye on short interest levels as high levels c...

Strange to think that it is a year since the world was turned upside down when the World Health Organisation declared COVID-19 a worldwide pandemic in mid-March 2020. In the week that followed the price of gold tumbled nearly $US200 to $US1...

A recent round of support for gold has seen the price consolidate above $US1,700 an ounce. However, with policy support from central banks, US stimulus and employment growth — underpinned by big infrastructure projects — you’d “expect gold...

It has been a fantastic start to the week for the S&P/ASX 200 Index (ASX: XJO). In late morning trade the benchmark index is up 1.7% to 6,823.5 points. Four ASX shares that are climbing more than most today are listed below. Here’s why...

In 1990, Australian Prime Minister Bob Hawke while campaigning for a third term, promised a huge boost to technology and manufacturing. “No longer content to be just the lucky country, Australia must become the clever country,” he said in o...

Alice Queen (ASX: AQX) reports its drilling at the Boda East copper-gold project in NSW has produced evidence of a porphyry system. At Boda East, part of the company’s Yarindury project, the 2021 diamond drilling program kicked off on Janua...

MACA has won its third contract in four years with Ramelius Resources, this time at the Tampia gold project in Western Australia. The contract involves load and haul and drill and blast services at Tampia and is expected to create employmen...

The company’s guidance for FY2021 has been increased to 47,000-52,000 ounces at an AISC of $1,450 to A$1,600 per ounce.

The company is preparing detailed mine plans for Roswell and San Antonio to enable an economic assessment and aims to release them later this quarter.

With a major drill program ongoing at Boda throughout 2021, Alkane is confident of further consolidating the reputation of Central West NSW as a major gold production region.