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Alkane Resources Limited: Record quarterly production & operational cash build
['Globenewswire', 'Europe']
FinanzNachrichten.de: News
for revenue of $256 million at an average gold price of $5,785/oz and an average antimony price of $41,510/t.
Alkane processed 683,235 tonnes of ore in total at an average gold grade of 2.20g/t Au producing 42,767oz of gold.
Björkdal's average realised gold price at $6,930/oz is a simple average for the quarter of revenue divided by ounces sold for the quarter.
The gold price increased notably during the quarter leading to the recognition of $9 million additional revenue without recognising additional ounces, therefore increasing the realised gold price per ounce.
Alkane's operations generated $133 million of mine operating cashflows with the achieved gold price $3,046/AuEq oz over AISC.