Alkane Resource: Gold
Gold is a soft, unreactive metal with excellent electricity conduction and reflective properties. It is extremely ductile, malleable and corrosion resistant, and can be easily alloyed with other metals. Aside from its well-known application in jewellery and coinage, gold is widely used in the electronics industry for circuitry, contacts and electronic devices, as well as the medical and glass industries. Often found in elemental form in ground deposits, gold also occurs less commonly in compound form within refractory ores.
End Products
Ore mined at Alkane’s wholly owned subsidiary, Tomingley Gold Operations (TGO), is crushed, milled, leached, smelted and refined to produce gold bullion.
Product Estimates
TGO produces 60,000-70,000 ounces of gold per annum from more than one million tonnes of ore. The Tomingley gold mine has a predicted life of 7 to 8 years, based on the expected commencement of underground mining.
Gold Applications
- Jewellery
- Coinage
Electronics
- Plating
- Connectors
- Switch and relay contacts
- Soldered joints
- Circuitry
- Memory chips
Electronic devices
- Mobile phones
- Calculators
- GPS units
- Computers
Medical
- Diagnostic techniques
- Dentistry (crowns, bridges, fillings)
- Medical treatments
- Lasers
- Implants
- Supplements
Glass
- Pigmentation
- Climate control windows
