Alkane Resources Limited produces gold and antimony through a portfolio of operating mines in Australia and Sweden. Company news commonly covers quarterly production, operating costs, sales, cash and bullion balances, and financial results across its mining operations.
Recurring developments also include exploration and resource work at the Tomingley Gold Operations in New South Wales, the Costerfield gold and antimony operation in Victoria, and the Björkdal gold mine in Sweden. Alkane also reports on the Boda-Kaiser gold-copper porphyry project and Northern Molong Porphyry Project in Central West New South Wales, along with financing facilities and other capital-management actions tied to its mine portfolio.
Alkane Resources (ALKEF) produced 40,740 gold-equivalent ounces in the September quarter and reaffirmed its full-year production and cost guidance. Quarterly all-in sustaining costs were $2,805 per gold-equivalent ounce. Revenue fell to $206 million from $257 million in Q4 FY26, while mine operating cash flow was $102 million.
Quarter-end cash and bullion totalled $440 million, or $459 million including listed investments. Alkane paid its maiden fully franked dividend of 2 cents per share and approved a $50 million buyback in September. FY27 guidance remains 163–177koz gold equivalent at sustaining costs of $2,900–$3,200 per ounce. Tomingley increased gold production and lowered sustaining costs, while Costerfield produced less gold and antimony and recorded higher sustaining costs. Alkane anticipates final FY26 tax payments of $55–60 million in the December quarter.
Alkane Resources (ALKRY) reported Nagambie drilling results that extended the C2 gold-antimony zone 115m below its previously known extent. Three holes totalled 1,868m. C3 drilling returned 3.3g/t gold and 0.7% antimony over 10.6m, with an estimated true width of 10.4m, including 17.0g/t gold and 5.9% antimony over 1.3m. A new domain returned 1.8g/t gold and 0.2% antimony over 42m, with an estimated true width of 32.2m.
Alkane can earn 60% of Nagambie by funding a minimum of $12.5m over three years, then increase its interest to 80% with a further $15m. Its withdrawal option runs until April 2027. Two diamond drill rigs continue exploration. Alkane views Nagambie as a potential additional ore source to extend Costerfield's mine life; potential saleable concentrate production remains unsubstantiated by metallurgical testing.
Alkane Resources (ALKRY) intersected gold-copper mineralisation approximately 1 km below the Proprietary pit at its Peak Hill project.
Hole PHD084 reached 1,651 m. Results included 6.4 m grading 0.42 g/t gold and 0.01% copper from 1,000.6 m, and 153 m grading 0.11 g/t gold and 0.02% copper from 1,427 m. The latter included 4.8 m at 0.46 g/t gold and 0.06% copper. Alkane interprets the results as a possible deep continuation of the previously mined system, but grades were lower than drilling approximately 1 km above. The hole did not reach the targeted underlying porphyry intrusion, a potential copper-gold source.
A $165,000 exploration grant supported the drilling. Alkane plans six holes totalling 6,600 m from November 2026, with final assays expected in 2027. A commissioned study will assess possible nearby intrusions before further testing of that target.
Alkane Resources (ALKEF, ALKRY) reported September-quarter production of 40,740 gold-equivalent ounces, combining gold and antimony output from its three mines. Gold production comprised 21,506 ounces at Tomingley, 7,835 at Costerfield and 10,482 at Björkdal; Costerfield also produced 396 tonnes of antimony. Group sales were 37,950 gold ounces and 172 tonnes of antimony.
Cash and bullion totaled $440 million, with $19 million in listed investments. Including an undrawn revolving credit facility, pro forma liquidity was $550 million. Equipment finance was $16 million at 30 September 2026, with no other debt. Maiden-dividend transfers were $24 million in late September and $3 million on 1 October. Quarterly tax payments totaled $13 million.
Alkane reiterated FY27 guidance, including A$160–190 million in growth capital and group all-in sustaining costs of A$2,900–3,200 per gold-equivalent ounce.
Alkane Resources (ALKEF, ALKRY) reported updated group Mineral Resource and Ore Reserve estimates as at 30 June 2026 for its Australian and Swedish assets.
Group Measured and Indicated Resources total 578,796 kt, containing 8,641 koz gold, 1.01 Mt copper and 42.0 kt antimony, including the Boda Kaiser copper-gold project. Inferred Resources total 275,614 kt with 3,757 koz gold, 0.45 Mt copper and 12.9 kt antimony. Group Ore Reserves stand at 25,488 kt containing 1,374 koz gold and 15.0 kt antimony across Björkdal, Tomingley and Costerfield. The company said each producing asset has grown resources and replaced depletion through ongoing exploration.
Alkane Resources (ALKEF, ALKRY) will hold its annual general meeting on Thursday, 5 November 2026 at 10:00am AEDT at the Fullerton Hotel, Sydney, and online via the Computershare Meeting Platform.
An item of business will be the re-election and appointment of directors. Nominations for persons wishing to be considered for election as a director close at 5:00pm AWST on Thursday, 17 September 2026 and must be received at the company’s registered office.
Alkane Resources (OTC: ALKEF, OTCQX: ALKRY) reported new exploration results from the Costerfield gold‑antimony operation in Victoria, including discovery of a new high‑grade pod in the Cuffley Lode and additional intercepts from the Sub‑KC domain.
At Cuffley, 23 new holes (3,255m) delivered 18 mineralised intercepts, with highlights such as 580.9g/t gold and 24% antimony over 0.61m (including 0.25m at 1,360g/t gold) and several other intervals above 10g/t gold equivalent over mining width. The new pod is accessible from existing underground infrastructure and has been incorporated into the Costerfield mine plan.
At Sub‑KC, four target holes (3,705.32m) plus ten parent and two wedge infill holes (8,168.28m) produced multiple high‑grade intercepts, including 28.2g/t gold over 0.99m and 73.2g/t gold and 18.8% antimony over 0.19m. Alkane highlighted remaining growth potential in Sub‑KC but noted that further drilling will likely be required from surface or new development to optimise intersection angles.
Alkane Resources (ASX: ALK, TSX: ALK, OTCQX: ALKRY) has appointed Dr Jennifer Purdie and The Hon. Gabrielle Upton as independent Non-Executive Directors, effective 24 August 2026. Dr Purdie will join the Audit and Risk Committee and the Technical Committee, while Ms Upton will serve on the Nomination and Governance Committee and the Remuneration Committee.
Dr Purdie brings senior mining, energy and heavy industry experience from roles at BHP, Rio Tinto, Jemena and Adani’s Australian Renewables, and currently sits on several Australian boards. Ms Upton adds governance, legal, regulatory and capital markets experience from senior NSW Cabinet roles, investment banking and law, and multiple board positions. Alkane’s Chairman said their combined skills will support Alkane’s growth as a gold and antimony producer.
Alkane Resources (ASX: ALK, TSX: ALK, OTCQX: ALKRY) declared its maiden fully franked final dividend for FY26 of 2.0 cents per share, recognising record financial performance. The dividend ex-date is 7 September 2026, record date 8 September 2026, and payment date 1 October 2026.
Alkane’s Board also approved an on-market share buy-back of up to $50 million over the next 12 months, representing less than 3% of shares on issue and falling within the Corporations Act 10/12 limit, so no shareholder approval is required. The buy-back will be conducted on the ASX at the company’s discretion, in compliance with Australian and Canadian securities laws.
According to Alkane, FY26 followed the merger with Mandalay Resources, combining three operating mines and delivering record production, revenue and profit, with year-end cash, bullion and listed investments of A$454 million.
Alkane Resources (OTC: ALKEF, OTCQX: ALKRY) reported record FY26 results to 30 June 2026, with net profit after tax of A$228.7 million, up 592% year on year. Revenue rose to A$935.8 million (up 257%), and basic EPS increased to 17.69 cents (up 224%).
Group gold-equivalent sales reached 164,878 oz (up 136%) and production 168,337 oz AuEq (up 140%). Cash and bullion were A$438.9 million, with cash, bullion and listed investments totalling A$454 million. The Board declared a maiden fully franked FY26 dividend of 2.0 cents per share, ex-dividend on 7 September, record date 8 September and payment on 1 October 2026.
For FY27, Alkane reiterated group production guidance of 163–177 koz AuEq, all-in sustaining cost of A$2,900–3,200/oz, growth capital of A$160–190 million and exploration spend of A$45–53 million, plus A$10–12 million for Boda/Kaiser and other exploration.