Alkane Resources Ltd announce its Tomingley Gold Operations in central west New South Wales has delivered strong production in the final quarter of the financial year to meet its FY2025 production guidance. Tomingley produced 70,120oz of gold for the 12 months to 30 June 2025.
Alkane’s unaudited cash, bullion and listed investments position at 30 June 2025 totalled A$68.3m, comprising A$60.3 million of cash and bullion on hand and A$8.0 million of listed investments.
Alkane Managing Director, Nic Earner, said: “Tomingley has had an excellent year with increased production from the Roswell underground and the successful commissioning of both a new paste plant and a flotation and fine grind circuit.
“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. “Alkane’s operation at Tomingley, combined with our merger with Mandalay Resources, place us firmly into the mid-tier gold companies on the ASX.”
Tomingley has produced 19,193oz of gold in the June quarter of FY2025 and FY2025 gold production of 70,120oz was within full year guidance.
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Shaping India’s $100 Billion Gems & Jewellery Future
At the Chintan Shivir on the 2040 Roadmap, Commerce Secretary Shri Rajesh Agrawal outlined a vision to grow India’s gems & jewellery sector from ~$29B to $100B, driven by innovation, technology, design, global branding.
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