Tomingley gold mine had sales worth $27.6million in the March quarter

TGO March Quarter.
TGO March Quarter.

Almost 19,000 ounces of gold has been produced at the Tomingley gold mine in the March quarter.

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.