BUZZ-Australia's Alkane Resources falls on lower quarterly gold sales

Reuters

2025/01/13

** Alkane Resources slides as much as 8.6% to A$0.48, set for worst trading session since June 24, 2024, if losses hold

** Stock hits lowest since Dec 3, 2024

** The gold miner posts quarterly gold sales of 16,576 ounces (oz) from Tomingley mine in central west New South Wales, below 18,208 oz in the September quarter

** About 1.8 mln shares traded vs the 30-day avg of 702,937

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.Kumar@thomsonreuters.com;))

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