Alkane Resources Ltd.

Alkane Resources Ltd. is a multicommodity mining and exploration company with a focus on gold, copper, zirconium, niobium and rare earths. Its projects and operations are located in the central west of New South Wales, in eastern Australia. Alkane commenced gold production in early 2014, after commissioning its Tomingley gold project in February, on time and on budget. The company is also developing the Dubbo zirconia project, with operations scheduled for 2016. This will position Alkane as a strategic and significant world producer of zirconium products and heavy rare earths. Several other copper-gold exploration projects in the region are being evaluated. The company is heavily committed to safe environmental practices and local community wellbeing.

Expert Comments:

Tom Hayes, Edison Investment Research (5/25/17)
"Alkane Resources Ltd.'s Q3/17 activities report indicates a complete turnaround at the Tomingley gold operation. . .Q3/17 production performance has now derisked this. Q3/17 saw production above budget at 18,721 oz Au and gold sales of 16,303 oz for AU$27.6M."

A recent report by Edison Investment Research has Alkane Resources back on track at its Tomingley Gold Operations after disruptive rains, and development is continuing at the multi-commodity Dubbo Project.
read more >
Tom Hayes, Edison Investment Research (5/15/17)
"We are reinitiating coverage on Alkane Resources Ltd. . .the company's Q3/17 results show a return to profitable operations, with net cash flow from operations of AU$6.5M. . .Q3/17 gold production recorded a quarter-over-quarter increase of 59%, with 18,721 oz Au produced."

Tom Hayes, Edison Investment Research (4/27/17)
"Alkane Resources Ltd.'s Q3/17 activities report indicates a complete turnaround at the Tomingley gold operation. . .Q3/17 saw production above budget at 18,721 oz Au and gold sales of 16,303 oz. . .the company guides that it expects to come in at the higher end of production guidance and lower end of all-in sustaining cost guidance due to higher pit grade reconciliations."

Tom Hayes, Edison Investment Research (3/30/17)
"Alkane Resources Ltd.'s Dubbo project is being progressed, with financing negotiations the main area of focus. . .Dubbo is a strategic project. It will provide the Western world with a key stable and very consistent source of high-quality specialty metals, including those used in all manner of green technologies, aerospace and potentially nuclear-grade applications."

Hafnium may not be a household word, but demand for the element is growing, and Alkane Resources is gearing up to take advantage.
read more >
Tom Hayes, Edison Investment Research (2/23/17)
"Alkane Resources Ltd.'s Q2/17 quarter results indicated gold production of 11,756 oz. . .gold sales were 12,519 oz for Q2 resulting in AU$20.9M in revenue. The company's gold forward contracts at Dec. 31 were 43 Koz at an average forward price of AU$1,715/oz; its group cash position at end December totaled AU$24.5M."

Tom Hayes, Edison Investment Research (12/19/16)
"Alkane’s Resources Inc.'s recently announced revised execution plan for the DZP provides for a significant rerating of the project’s value. . .we view this plan as pivotal to the DZP’s successful execution. . .DZP revisions derisk financing and offtake. . .Alkane’s revised two-stage development concept underlines the continuing commitment to build out its flagship diversified rare metals and chemicals project."

More Expert Comments

Experts Following This Company

Christopher Ecclestone, Equities Strategist – Hallgarten & Co., MEDITERRANEAN RESOURCES LTD., Geodex Minerals Ltd.
Tom Hayes, Analyst – Edison Investment Research
Tony Hayes – Euro Pacific Canada
Timothy Hayes – Davenport & Co.
Richard Karn, Founder/Editor – Emerging Trends Report

The information provided above is from analysts, newsletters, the company and other contributors.

Alkane Resources Ltd. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.

Investing Highlights
Multi-commodity miner: gold, zirconium, niobium and rare earths
Successful mining track record
Next heavy rare earth project