Articles On Alkane Resources (ASX:ALK)

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...

The 500,000th ounce of gold has been poured at Alkane Resources’ Tomingley mine. Alkane Resources managing director Nic Earner said the significant milestone provided a fitting testament to the teams that have worked on the Tomingley Gold P...

Aussie small cap index falls flat, day two The ASX200 up 0.65% Conico is 50% higher   Rising gold prices and teetering tech stocks are playing dice for the soul of the ASX Emerging Companies (XEC) index on Wednesday, as the small cap top...

“Pouring our 500,000th ounce is a significant milestone that provides a fitting testament to the teams that have worked on the Tomingley Gold Project and Operations since the days of discovery by Alkane in the early 2000s,” says MD.

ASM opens first critical metals plant in South Korea An FID is still to come on its Dubbo polymetallic critical minerals deposit in NSW, with an update expected soon on a ‘framework agreement’ with Korean investors Neometals JV signs lithi...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Despite the Lachlan Fold Belt in NSW soaking up the lime light after Alkane Resources’ Boda discovery 3 years ago, Lode Resources has been successfully toiling away in the New England Fold Belt nearby.

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...

Got 90 seconds? Then listen to Managing Director, Mike Jones tell us about their company news. Impact Minerals Limited (ASX:IPT) is an exploration company listed on the ASX in November 2006. The Company manages extensive tenement holdings (...

Orange Minerals (OMX) is one of the latest listed businesses to join the ranks of gold hopefuls hoping to capitalise on the revered New South Wales Lachlan Fold Belt The belt has a rich history of gold production, having been home to sever...

The S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a sizeable decline. In afternoon trade, the benchmark index is down 1.25% to 7,342.7 points. Four ASX shares that have defied the market selloff today are listed belo...

Alkane Resources (ALK) upgrades the global mineral resource for the Roswell Deposit in central New South Wales by 37 per cent to 904,000 ounces The indicated and inferred resource for the deposit has been updated following an additional 7...