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Altyngold (ALTN) Share News

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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