Alkane Resources (ASX: ALK) targets 60-65koz of gold production in FY24.

Tue 12 Dec 23, 05:16 AM | Team Kalkine

Image source: shutterstock

Highlights

Alkane Resources Limited (ASX: ALK) is an ASX-listed gold production and exploration firm which operates primarily in Central West New South Wales. Established in 1969, the company owns and manages Tomingley Gold Operations. Tomingley is an open pit and underground gold mine which lies in the Central west region of NSW.

In the financial year 2023 (FY23), the mine registered 70,253 ounces of production, achieving its guidance of 65,000 – 73,000 ounces. In the September quarter, gold production from Tomingley stood at 15,855oz.

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