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AltynGold PLC Ord 10P (ALTN)

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10-Aug-2020 01:20 PM

Altyn quarterly revenue flat due to maintenance work, timing of shipments

Mining group Altyn said it poured more gold in the second quarter, but its revenue was flat due to the timing of shipments. Revenue for the three months through June was unchanged from the first quarter, at $4.6m. Altyn poured 3,610 ounces of gold, up 6
16-Jan-2018 09:25 AM

Altyn gold output up 52.4%

Altyn's gold output rose by more than 50% to 16,717 ounces in 2017. In an update on the production and development at Sekisovskoye mine and at its prospective development at Karasuyskoye it said that underground ore mined increased to 287,389 tonnes
27-Nov-2017 07:39 AM

Altyn repays EBRD loan

Altyn has confirmed that all obligations and repayments due under a loan agreement with the European Bank for Reconstruction and Development were repaid in October. In 2012, two of the company's subsidiaries, TOO GMK Altyn MM and DTOO GRP Baurgold,
22-Nov-2017 01:19 PM

Board changes at Altyn

Altyn has announced the appointment of Vladimir Shkolnik as a non-executive director of the Company, effective immediately. In addition, Neil Herbert has stepped down from his role as Executive Deputy Chairman to that of a Non-Executive Director. At
01-Sep-2017 08:07 AM

Altyn losses narrow

Altyn's first half turnover rose by 35% to $9.4m while operating losses fell to $109,000 from $1.3m and pre-tax losses narrowed to $1.2m from $2.5m. Altyn said gold recovery was averaging 81-82%, in line with forecasts, and it expected recoveries to
19-Apr-2017 08:07 AM

Altyn output increasing towards target

Kazakhstan-focused gold mining and development company Altyn's production increased towards its target of 40,000mt - 45,000mt a month in the first quarter. An operational update said that ore extracted from the underground mine rose from 17,835mt
03-Apr-2017 10:50 AM

Broker Forecast - VSA Capital issues a broker note on Altyn Plc Ord 0.1p

VSA Capital today initiates coverage of Altyn Plc Ord 0.1p (LON:ALTN) with a buy investment rating and price target of 5p. Story provided by
03-Apr-2017 07:52 AM

Altyn confident of meeting output targets

Altyn said development of the underground mine in 2016 had built a solid platform for the future growth and the company was confident of meeting targeted forecast gold production of 100,000oz in the future. The group said gold production totalled 10,9
01-Feb-2017 09:55 AM

Altyn appoints deputy chairman

Altyn has appointed Neil Herbert as executive deputy chairman effective immediately. Chief executive Aidar Assaubayev said: "Neil has been working closely with Altyn since his appointment as a non-executive director in February 2016. "With ou
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