Alkane Resources Reports Higher Production for September Quarter
MT Newswires Live
5 hours ago
Alkane Resources (ASX:ALK) reported September quarter production of 40,740 gold-equivalent ounces, and sales of 38,348 gold-equivalent ounces, according to a Friday filing with the Australian bourse.
In the year-ago period, the company reported production of 36,407 gold-equivalent ounces, an earlier filing showed.
Alkane said it has cash and bullion of AU$440 million, and pro forma liquidity of AU$550 million including an undrawn AU$110 million revolving credit facility.
The company reaffirmed its fiscal 2027 guidance, including AU$160 million to AU$190 million in growth capital and exploration of AU$45 million to AU$53 million.
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