Page 8 - Alkane Resources News Today

The resource space was resilient to the turbulence and uncertainty of 2020, with companies listed on the Australian Securities Exchange (ASX) able to raise more money than in the last five years.  In 2020, capital raisings on the ASX brought in north of AU$50 billion, the highest level since 2015, with resource-focused stocks responsible for AU$7.7 billion of that amount. Companies with initial public offerings (IPOs) raised more than AU$5 billion in total. Some stocks listed last year are now...

* Silver prices could be over 100 dollars by mid-year - analyst * Miners snap three-day losing streak (Updates to close) Feb 1 (Reuters) - Australian shares closed higher on Monday, helped by gains in precious metal stocks, with silver prices at a near six-month high as retail investors piled into the commodity in what appeared to be social media-hyped buying. The S&P/ASX 200 index closed 0.8% higher to 6,663 at market close, reversing a 1.4% fall earlier in the session and snapping a three-day...

[SYDNEY] Australian shares closed higher on Monday, helped by gains in precious metal stocks, with silver prices at a near six-month high as retail investors piled into the commodity in what appeared to be social media-hyped buying. Read more at The Business Times.

The company is a NSW focused gold and copper explorer and the current diamond drill hole at Kingswood is designed to test the Northparkes porphyry...

After markets around the world plummeted in March due to COVID-19, Australian stocks have made a steady comeback.

2020-12-16 by Proactive Australia Alkane Resources Ltd (ASX:ALK) has enhanced the golden bounty of regional resources within proximity to its Tomingley Gold Operations in Central West NSW with infill results of up to 3 metres at 58.3 g/t from 175 metres at the San Antonio inferred resource. The 58.3 g/t hit was within a 52-metre intersection from 172 metres grading 6.37 g/t gold with the new results to be included in a resource update expected next month. Assays have been received from 51 dril...

Alkane Resources (ASX:ALK) completes infill drilling at San Antonio SubscribeBe the first with the news that moves the market Alkane Resources (ALK) has completed infill drilling at the San Antonio prospect, part of the Tomingley Gold Project in New South Wales The 167-hole program aimed to update the San Antonio Inferred Resource which currently sits at 7.92 million tonnes at 1.78g/t gold for 453,000 ounces Results have been received for 51 holes, which include peak gold grades of 14.8g/t Fina...