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Alkane Resources Ltd ( (AU:ALK) ) just unveiled an announcement.
Alkane Resources Ltd has released its FY25 statement on the mineral resources and ore reserves for the Björkdal Mine and associated projects in Sweden. As of June 30, 2025, the estimated mineral resources total approximately 1.97 million ounces of gold, with 71% classified as measured and indicated. The report highlights the company’s governance and internal controls in resource estimation, ensuring compliance with the JORC Code 2012. The announcement underscores Alkane’s commitment to transparency and operational excellence, potentially strengthening its position in the mining industry and providing assurance to stakeholders.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.45 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
More about Alkane Resources Ltd
Alkane Resources Ltd is a mining company primarily involved in the exploration and production of gold. The company operates the Björkdal Mine in Sweden, which includes both open pit and underground mining operations, as well as mineral processing facilities. Alkane focuses on maximizing resource extraction and maintaining compliance with industry standards.
Average Trading Volume: 7,740,399
Technical Sentiment Signal: Buy
Current Market Cap: A$1.54B
Find detailed analytics on ALK stock on TipRanks’ Stock Analysis page.