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Altyngold (ALTN) Share News

IN BRIEF: AltynGold revenue helped by gold reaches record high in 2024

27th Jan 2025 11:07

AltynGold PLC - London-based exploration and development company with assets in Kazakhstan - Revenue jumps 47% on-year to USD94.5 million in 2024 from USD64.4 million, amid higher production and a surge in the gold price. Ore mined grows 6.9% to 750,045 tonnes in 2024 from 701,465 tonnes in 2023. Gold grade improves to 2.10 grammes of gold per tonne in 2024 from 2.01 grammes of gold per tonne in 2023. Average realised gold price surges 43% to USD2,812 per ounce from USD1,967 per ounce. AltynGold sells 38,708 ounces of gold in 2024, up 18% from 32,765 ounces in 2023. Read More

AltynGold shares climb as gold prices and production rise

11th Nov 2024 14:24

(Alliance News) - AltynGold PLC on Monday saw its shares jump as it reported strong third-quarter revenue following increased gold production. Read More

EARNINGS AND TRADING: Aura confident in Tiris; Cindrigo enters Germany

26th Apr 2024 20:59

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

IN BRIEF: AltynGold shares up as processing plant progresses to plan

17th Apr 2024 14:25

AltynGold PLC - London-based exploration and development company with assets in Kazakhstan - Announces expansion of processing plant at Sekisovskoye is progressing as scheduled. Notes that excess mined ore is being added to stock piles. Says infrastructure works are largely completed apart from the installation of the grinding mill. Expects operational start in the third quarter of 2024, which "will be a key milestone" in the company's development and growth strategy, it says. Read More

IN BRIEF: AltynGold contract in Kazakhstan extended by two years

12th Apr 2024 16:41

AltynGold PLC - London-based exploration and development company - Reports its Teren-sai subsoil exploration contract, based in the Teren-sai deposit in Kazakhstan, has been granted an additional two-year term, to perform exploration works until March 2026. A competent persons report in 2019 estimated 1.5 million ounces of mineral resources in the area, confirmed by drilling. Says original exploration area consequently narrowed to specific target zones. Open-pit production will commence as soon as sufficient data from further exploration activities has been gathered. Read More

TRADING UPDATES: AltynGold revenue up on higher gold price

28th Feb 2024 21:18

(Alliance News) - The following is a round-up of updates by London-listed companies, issued this week and not separately reported by Alliance News: Read More

TRADING UPDATES: Gran Tierra completes offers, Pensana wins grant

25th Oct 2023 21:55

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News: Read More

EARNINGS: St Mark Homes loss widens; abrdn Property maintains payout

29th Sep 2023 17:14

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

AltynGold gold grades down in first quarter despite production rise

19th Jun 2023 11:08

(Alliance News) - AltynGold PLC on Monday said gold grades were down in the first quarter as revenue also fell. Read More

EARNINGS UPDATES: Fidelity Special NAV up; Ferro-Alloy loss widens

28th Apr 2023 18:26

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

TRADING UPDATES: Petra Diamonds sells more diamonds amid price growth

17th Mar 2023 20:53

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday, Augmentum Fintech and Tap Global on Monday, and not separately reported by Alliance News: Read More

AltynGold secures loan from Kazakh bank to expand mining capacity

5th Dec 2022 11:17

(Alliance News) - AltynGold PLC on Monday announced that it has secured an additional credit line from JSC Bank CenterCredit, which will be used to increase production and processing capacity at its Sekisovskoye mine. Read More

IN BRIEF: AltynGold posts quarterly revenue fall due to low gold price

18th Nov 2022 07:56

AltynGold PLC - London-based gold mining company with assets in Kazakhstan - On November 10 says revenue falls 16% to USD14.7 million in the third quarter of 2022, from USD17.6 million in the second quarter. This is due to a lower average selling price of gold. Expects gold price to fluctuate around the current levels of around USD1,700 an ounce. Read More

TRADING UPDATES: AltynGold, Rambler Metals & Mining revenue grows

26th Sep 2022 20:22

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

IN BRIEF: AltynGold says on track for another strong year

2nd Aug 2022 08:32

AltynGold PLC - London-based gold mining company with assets in Kazakhstan - On Monday says revenue up 22% to USD17.6 million in the second quarter of 2022 from USD14.4 million in the first quarter, on increased gold production and higher average selling price. Says mined ore production increases 6.3% to 142,937 tonnes from 134,461 tonnes a quarter ago, while milled ore production is up 2.5% to 155,168 tonnes from 151,431 tonnes. Read More

IN BRIEF: AltynGold agrees USD40 million bank loan for Sekisovskoye

26th Jul 2022 07:46

AltynGold PLC - London-based gold mining company with assets in Kazakhstan - Says application for an a total of USD40 million credit line from Kazakh Bank JSC has been approved. Says the loan is repayable in instalments over six and a half years, and has a 6% interest rate. AltynGold says it will be used to "expand the capacity of the processing plant to 1 [million tonnes per annum] in anticipation of the expected increase in mining production at Sekisovskoye." Read More

IN BRIEF: AltynGold annual revenue rises on increase in production

27th Jun 2022 12:17

AltynGold PLC - London-based gold mining company with assets in Kazakhstan - Posts surge in profit in 2021. Pretax profit jumps to USD18.3 million from USD3.3 million in 2020. Revenue surges to USD50.3 million from USD30.0 million. Read More

IN BRIEF: AltynGold ups quarterly revenue despite severe weather

17th May 2022 05:50

AltynGold PLC - London-based gold mining company with assets in Kazakhstan - Revenue in the first quarter of 2022 soars 43% to USD14.4 million from USD10.1 million the previous year. Despite severe weather conditions, company increases mining production by 2.1% to 134,461 tonnes from 131.733 tonnes and ores milled by 14% to 151,431 tonnes from 132,834 tonnes. Contained gold increases 18% to 8,841 ounces from 7,462 ounces. Average gold grade improves to 2.03 grams per tonne from 1.78 grams per tonne. Gold poured leaps 30% to 8,129 ounces from 6,272 ounces. Read More

AltynGold notes record revenue in fourth quarter of 2021

31st Jan 2022 11:54

AltynGold notes record revenue in fourth quarter of 2021 Read More

TRADING UPDATES: Harvest Minerals sales jump; Quartix earnings to rise

10th Jan 2022 19:34

TRADING UPDATES: Harvest Minerals sales jump; Quartix earnings to rise Read More

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