Alkane delivers PAT of A$42.5mn

Aug 26, 2023

1 16The profit was largely driven by excellent production and cost performance at Tomingley resulting in 70,253 ounces of gold produced at an all‐in sustaining cost (AISC) of A$1,602 per ounce. Prior year profit was driven by the change is Genesis Minerals Ltd accounting treatment resulting in one‐off derecognition gain of $48.3M.

As at 30 June 2023 the company’s cash, bullion and listed investments totalled A$107.3 million, with A$80.3 million in cash, bullion on hand at fair value of A$8.3 million and A$18.7 million of listed investments at market value.

Alkane Managing Director, Nic Earner, said: “This has been another good year for Alkane. As well as exceeding our production targets, FY23 saw the addition of Kaiser to lift the combined Boda‐Kaiser resource to nearly 15 million gold equivalent ounces, and also saw us receive approval for the Tomingley Gold Extension Project that allows production to continue beyond 2030.

“Alkane’s Board and management acknowledge and thank the employees and contractors of the Company for their strong and continued commitment to safety, production and exploration performance.”

You May Also Like

Facebook Feeds

Cover for Heera Zhaveraat
98,192
Heera Zhaveraat

Heera Zhaveraat

Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D

This message is only visible to admins.
Problem displaying Facebook posts.
Click to show error
Error: No posts available for this Facebook ID

Twitter Feeds

hank you SriSriDurgaPooja Bengaluru team for the kind invitation. Blessed to witness Maa Durga Darshan at Bannappa Park, Cubbonpet. Wishing all a joyous Navratri, Durga Pooja & Dusshera. 🌸🙏
– Dr. Chetan Kumar Mehta, CMD, Laxmi Diamonds Bengaluru

hank you SriSriDurgaPooja Bengaluru team for the kind invitation. Blessed to witness Maa Durga Darshan at Bannappa Park, Cubbonpet. Wishing all a joyous Navratri, Durga Pooja & Dusshera. 🌸🙏
– Dr. Chetan Kumar Mehta, CMD, Laxmi Diamonds Bengaluru

The man. The myth. The legend. Immortalized in platinum—rare, resilient & timeless.
The MS Dhoni Signature Edition by Men of Platinum is a tribute to his legacy.
Explore: http://www.menofplatinum.com
#MSDhoni #MenofPlatinum #PlatinumJewellery #MSDhoniSignatureEdition

Save the Date! ✨ JGTD – Jewellery, Gem & Technology in Dubai
📅 Nov 11–13, 2025 | 📍Dubai Exhibition Centre
Discover world-class jewellery, gems & tech innovations.
👉 https://www.jgtdubaijewelleryshow.com/en?utm_source=link&utm_medium=social&utm_campaign=HZ_jgtd25

Load More

HZ is the Official Supporter of :

Member Of

Founder Member Of