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Alkane Resources Boosts Cash Flow with 17,657oz Gold Output, Eyes Mandalay Merger
6:28am on Monday 2nd of June, 2025 AEST
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Mining
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Alkane Resources Boosts Cash Flow with 17,657oz Gold Output, Eyes Mandalay Merger
6:28am on Monday 2nd of June, 2025 AEST
Key Points
Q3 gold production of 17,657 ounces at Tomingley
Revenue of A$63.4 million with site cash costs at A$2,178/oz
FY2025 production guidance maintained at 70,000-80,000 ounces
Merger of equals announced with Mandalay Resources post-quarter
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