TGO March Quarter.
Almost 19,000 ounces of gold has been produced at the Tomingley gold mine in the March quarter.
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Multi commodity miner and producer, Alkane Resources Ltd reported 18,721 ounces of gold has been produced, equalling to 530 kilograms of gold.
The all in sustaining cost of production was A$1,070.
“Gold sales of 16,303 ounces giving revenue of $27.6million, an average price of A$1,694 per ounce,” a spokesperson for the company said.