Alkane Resources Ltd (ASX:ALK)
A$ 0.435 0.005 (1.16%) Market Cap: 259.97 Mil Enterprise Value: 263.47 Mil PE Ratio: 15.00 PB Ratio: 0.85 GF Score: 70/100

Alkane Resources Ltd at 121 Mining Investment London Conference Transcript

May 09, 2023 - May 10, 2023 / NTS GMT
Release Date Price: A$0.88 (+1.15%)
Nic Earner
Alkane Resources Ltd - Managing Director

Good day, everyone. I'm Nic Earner, Alkane Resources. We are an Australian mining company. We are an existing gold producer and we're also an explorer, let me tell you about that.

First, I'll tell you a little of our highlights of last year. For those that don't know, we produce about 70,000 ounces a year at our existing mine. And last year, we produce 75,000 thousand ounces, we've upgraded again this year's guidance. Our all-in sustaining cost in Australian dollars for last calendar year was under $1,300 an ounce.

At the moment, gold prices in Australia is around $3,000 an ounce. We continue to increase our resources, and now, we have an approved life-of-mine planned out to 2032. And we declared about 15 million ounces equivalent in our largest exploration project, which is also in New South Wales in Australia.

This is a little about our company. We have nearly 600 million shares on issue. We've actually been listed on the Australian Stock Exchange since the early 1980s. The presentation will be up online for

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