Articles On Alkane Resources (ASX:ALK)

Metals Focus reckons early 2021 Reddit squeeze sparked almost two years of record retail silver demand US market achieved a new high last year of almost 4,000t of physical silver investment, “a performance which could be eclipsed this year...

Gold prices have historically outperformed during recessions ANZ research raises end of 2023 gold price target to $US1,900/oz Weekly small cap standouts: Peregrine Gold (ASX:PGD), Ora Gold (ASX:OAU) Our Gold Digger column wraps all the ne...

Lithium stocks tumbles across the board in tumultuous trading day Falls could be due to Chinese lithium prices, analyst commentary and a (bizarrely) disappointing $110m lithium cargo sold by PLS Materials sector drops 1.4%   Lithium equit...

Kincora Copper has closed an oversubscribed $2.4m placement that has been cornerstoned by a mining-focused family office and strongly backed by all directors. The company is now well funded to advance its next phase of drilling focused on s...

Alkane Resources (ALK) reports “significant” gold-porphyry mineralisation from the last set of drill results from its Kaiser prospect in New South WalesThe prospect lies one kilometre from the 5.2 million-ounce Boda inferred resource within...

Aussie and Kiwi gold miners saw their average all in sustaining costs rise 10.3% in the September quarter to $2012/oz Capricorn and Alkane among the lowest cost pure play gold producers Materials sector rises 0.22% Inflation is running ra...

The copper space is getting hotter as the majors step up their hunt for options to supplement rapidly declining inventories to help meet soaring demand driven by the global decarbonisation and electrification effort and top consumer China r...

Central banks buying gold at the fastest pace on record Another gold bull signal for 2023 — the crypto collapse Global silver demand on course for record high in 2022 Our Gold Digger column wraps all the news driving ASX stocks with expos...

Is surging investor interest in niobium more than just a flash in the pan?    Niobium has caught the eyes of punters thanks to a spectacular discovery a few weeks ago by WA1 Resources (ASX:WA1) in a fairly remote part of the world, around...

Gold could have steady path towards $US1,800 level if dollar weakness remains: OANDA ASX gold miners surging this week, led by Evolution Mining +30%, Capricorn Metals +27%, and Regis Resources +27% Weekly small cap standouts: Focus Mineral...

Just five miners/ near-term gold miners are in the green over the past 12 months They include Tietto Minerals, Ora Banda Mining, Emerald Resources, Capricorn Metals and Perseus Mining Top precious metals stocks this week: Hamelin Gold, Zul...

Inflation, labour shortages, Covid and ageing assets are seeing costs climb across the ASX gold sector We pared through ASX quarterlies this month to find some of the industry’s top performers on costs in the September quarter If you spen...

Who is a winner from the Federal Budget’s forecasts for further rapid increases in power and gas prices, and further significant investment in the increasingly urgent energy transition? There are a few, but the most critical metal to achiev...

Since reaching its peak in the summer of 2020, silver has fallen ~35% Smart money is going net long on silver, speculators almost net short; a good sign for silver outlook say Goehring & Rozencwajg This week’s top ASX precious metals s...

Alkane Resources (ALK) receives further results from a drilling program at its Northern Molong Porphyry project in New South WalesThe company has received results from the Korridor and Kaiser prospects, with up to 1.10 g/t gold and 0.83 per...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

Alkane Resources (ALK) is pleased with the performance of its Tomingley gold operations over the September quarterThe NSW-based operations produced nearly 19,500 ounces of gold which, while a slight decrease on the previous quarter, still e...

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

New Hope Corporation and Washington H. Soul Pattinson sees its chair and non-executive director buy up Peter Warren Automotive Group executive director Paul Warren adds to company his father founded 60 years ago Alkane Resources sees its n...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

NSW’s Lachlan Fold Belt is the “place to be for copper and gold” on a global scale and has proven time again it can be a company maker. Just look at what recent success in the region has done for Alkane Resources and Magmatic Resources, and...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

It’s been a big week of ASX director trades with large buys and sells  as reporting season comes to end Lithium producer Allkem sees one of its directors sell down more than $20 million worth of stock Leaders in blood products giant CSL se...

Gold Coast-based engineer and FIFO worker Lydia Gentle has taken out the top honours at the BHP 2022 Women in Resources National Awards, presented by the Minerals Council of Australia (MCA) in Canberra. Queensland Resources Council (QRC) Ch...

Alkane Resources (ALK) encounters a copper-rich zone at the Kaiser prospect within the Northern Molong porphyry project in NSWThe company received additional results with the best copper-gold intercept recorded to date of 68 metres at 1.5 p...

ShareCafeMonday Market Minutes: Prometheus Unbound Welcome back to the depths of June and all the terrors that month had for investors large and small as Fed chair Jay Powell reminded all the “smart money” on Wall Street just who was boss....

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

Calidus Resources plans to raise $20 million (before costs) via a share placement to professional and sophisticated investors through the issue of 29,850,747 shares at a price of 67 cents per share. The placement received strong demand from...

Calidus Resources (CAI) receives firm commitments to raise $20 million via a share placement The funds will be raised via the issue of more than 29.85 million shares to professional and sophisticated investors at a price of 67 cents Calid...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

Fresh from the recent pour of the 500,000th ounce of gold at Alkane Resources’ Tomingley mine in New South Wales, the company has reported that gold production has exceeded forecast for the quarter. Gold output was 23,091 ounces for the per...

Alkane Resources (ALK) receives the initial results from the reverse circulation (RC) drilling program at the Kaiser Prospect in NSW RC drilling began in February to estimate a shallow resource with drilling intersecting one metre at 11.05...

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

ShareCafeMining Morsels: GOR, ALK, WMC The underlying metal might be having its fair share of struggles in recent times, but that doesn’t seem to be slowing down the local gold sector’s news feed in any way. Here are three more updates rele...

Highlights: ASX200 loses 0.52%, as commodity prices have likely pressurised materials and energy stocks. Mining stocks FMG and RIO closed lower, while banking stocks CBA and NAB ended on positive note on ASX today. Information technol...

Alkane Resources and Gold Road Resources have provided further evidence that the gold sector may not be in such bad shape as some investors fear after each released upbeat quarterly previews.

Alkane Resources’s (ALK) Tomingley gold operation in NSW has exceeded its production guidance for FY22 The materials stock expected to produce between 55,000 and 60,000 ounces of gold from Tomingley, however the project produced over 66,80...

Alkane Resources’ Tomingley Gold Operations in central west New South Wales has exceeded its FY2022 production guidance of between 55,000–60,000 ounces, maintaining its record of meeting or exceeding guidance in every year of operation. Tom...

The first female mine manager at Australia’s largest producing gold mine – Newcrest Mining’s Cadia Valley Operations – has been named the ‘Exceptional Woman in NSW Mining for 2022’. Health, Safety and Environment Manager at Cadia Valley, Ly...

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

The gold and copper-rich Macquarie Arc in central west NSW, is living up to its title as Australia’s foremost porphyry province and demonstrating just how fertile, underexplored, and large the systems within it are. Unlike many other Tier...

Alkane Resources releases maiden 10.1Moz gold eq Boda resource Boda is  near its 60,000ozpa Tomingley gold operations and 120km north of Newcrest’s massive Cadia-Ridgway mine Alkane to keep drilling to increase the size, confidence in the...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has followed Wall Street’s lead and is charging higher. At the time of writing, the benchmark index is up 1.1% to 7,259.6 points. Four ASX shares that are climbing more than most tod...

Alkane Resources (ALK) announces a maiden mineral resource estimate (MRE) for its Boda prospect, part of the Northern Molong porphyry project in central NSW Boda’s initial inferred MRE is 624 million tonnes grading at 0.5 g/t gold equival...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...