Last checked at 
(Sharecast News) - Altyn announced the delivery of equipment at its Sekisovskoye mining operation on Tuesday, reporting that following the agreement with the official dealer of Epiroc in Kazakhstan, it has received the drilling rig 'Boomer T1D' with a capacity of 400 metres per month.
The AIM-traded firm said the equipment would accelerate the horizontal development of the Sekisovskoye deposit, as well as the expansion of the underground transport declines.
That, it said, would improve access to the mining blocks and maintain production growth momentum.
"Further equipment deliveries are scheduled to arrive in the coming weeks, to include a Boomer T1D LHD long-hole production drill and Diamec U4 Smart exploration drill rig," the board said in its statement.
At 1609 BST, shares in Altyn were up 3.44% at 1.5p.
17 May 2022 05:50
IN BRIEF: AltynGold ups quarterly revenue despite severe weather
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