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Altyngold (ALTN) Share News

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

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