Alkane Resources meets production targets again in ninth year of Tomingley Operations
Melbourne, Victoria
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July 06, 2023 02:30 PM Eastern Daylight Time
Alkane Resources Ltd (ASX:ALK) managing director Nic Earner tells Proactive that the company’s Tomingley Gold Operations generated more than 70,000 ounces of gold over FY23, meeting the upper end of guidance calculations. The production metrics mean the NSW mine has met or exceeded guidance in every year of operations, while all-in sustaining costs are expected to clock in between A$1,550 and A$1,750 an ounce for the 12-month period. Earner says FY23 was a busy year for Tomingley, characterised by government approval for a project extension and underground development.
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