Following a rain-sodden H1, the second half of FY17 saw a remarkable turnaround in gold production at the Tomingley Gold Operation (TGO), and brought down unit costs markedly as a result. With similar production and cost guidance to FY17 targeted for FY18 at the TGO, key catalysts will be those linked to the development of the Dubbo Project (DP). Commentary from Alkane (ALK) that key product markets (eg certain rare earths, zircon/zirconium) are recovering from their multi-year lows signals a
27 Jul 2017
TGO shows it can, and Dubbo’s value re-emerges
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
TGO shows it can, and Dubbo’s value re-emerges
Alkane Resources Ltd (ALK:ASX) | 0 0 0.0% | Mkt Cap: 146.8m
- Published:
27 Jul 2017 -
Author:
Tom Hayes -
Pages:
11
Following a rain-sodden H1, the second half of FY17 saw a remarkable turnaround in gold production at the Tomingley Gold Operation (TGO), and brought down unit costs markedly as a result. With similar production and cost guidance to FY17 targeted for FY18 at the TGO, key catalysts will be those linked to the development of the Dubbo Project (DP). Commentary from Alkane (ALK) that key product markets (eg certain rare earths, zircon/zirconium) are recovering from their multi-year lows signals a