Welcome to our dedicated page for Alkane Resources news (Ticker: ALKEF), a resource for investors and traders seeking the latest updates and insights on Alkane Resources stock.
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 (OTCQX:ALKEF) reported a record Q2 FY26 with 43,663 AuEq oz produced at an AISC of $2,739/AuEq oz. Site operating cashflow was $133 million, revenue $256 million, and cash, bullion and liquid investments totalled $246 million. Full‑year guidance remains 160–175koz AuEq.
Notable items: average realised gold price $5,785/oz, 8,200 oz hedges filled, Newell Highway works underway (completion H1 2027) and ongoing near‑mine drilling successes.
Alkane Resources (OTC:ALKEF) reported quarterly production of 43,663 AuEq oz for 1 Oct–31 Dec 2025, comprising 42,767 oz gold and 267 t antimony (Tomingley 22,089 oz; Costerfield 10,790 oz; Björkdal 9,888 oz).
Sales were 42,709 oz gold and 409 t antimony (44,084 AuEq oz). Cash, bullion and listed investments totaled A$246 million at quarter end after an A$11 million FY25 tax payment; the company is debt free except for A$22 million of equipment finance. Hedging of 8,200 oz was filled. FY2026 guidance remains 160,000–175,000 AuEq oz at AISC A$2,600–2,900 per AuEq oz.
Alkane (OTCQX: ALKEF) reported that depth drilling at the Storheden deposit, near the Björkdal mine in Sweden, has intercepted gold-bearing quartz veins to 464m, more than doubling prior tested depth of 200m, and extended strike to over 2.7km. Selected assays include 142.0 g/t Au over 0.60m, 34.3 g/t Au over 1.6m and 16.2 g/t Au over 0.70m. Storheden’s prior Inferred resource was ~99 koz (1,769 kt at 1.74 g/t). Further drilling is planned to continue in January 2026 to expand resources and test targets for potential underground access.
Alkane Resources (ASX: ALK; TSX: ALK; OTCQX: ALKEF) announced the appointment of Denise McComish as an independent Non-Executive Director effective 1 December 2025.
Ms McComish will serve as Chair of Alkane's Audit & Risk Committee and brings extensive experience from a 30-year career as a partner at KPMG, plus current non-executive roles at Web Travel Group, Synergy and Beyond Blue. She previously served on boards including Gold Road Resources until its takeover by Gold Fields, Mineral Resources and Macmahon Holdings.
The company said the appointment adds governance, audit, risk and ESG capability to the board and authorised the release to the market.
Alkane Resources (OTC: ALKEF) reported Q1 FY2026 results for the quarter ended 30 September 2025 on 13 November 2025. Key highlights: $147.2M revenue, ~30,010 gold equivalent ounces sold, and $191M cash, bullion and listed investments after repaying a $45M bank facility and incurring $25M one‑off merger costs. The company completed its merger with Mandalay in early August and was admitted to the ASX 300. Consolidated adjusted EBITDA was $36.9M while consolidated net loss was $2.7M. Consolidated cash operating cost was $2,215/oz AuEq and AISC was $2,988/oz AuEq.
Alkane Resources (OTCQX: ALKEF) will release its Q1 FY2026 operating & financial results on 13 November 2025. Management — Managing Director & CEO Nic Earner and CFO James Carter — will host a conference call and webcast to discuss the results.
Investor participation details: Canada: 4:00pm EST, Thursday 13 November 2025; Australia: 8:00am AEDT, Friday 14 November 2025. Conference registration and a live webcast link will be available, and the presentation will be posted on alkres.com. Questions may be submitted ahead of the event to Natalie Chapman at natalie.chapman@alkres.com.
Alkane Resources (ASX:ALK; TSX:ALK; OTCQX:ALKEF) reported underground drilling updates at Tomingley, highlighting a new western andesite discovery at McLeans and extensive infill drilling at Roswell.
Key facts: McLeans drilling (9 holes, 3,247m) found a second andesite ~150m west of the current Inferred Resource; notable intercepts include 26m @ 4.36 g/t Au from 112m (MCLUG013D) and 0.5m @ 38.9 g/t Au from 332.5m (MCLUG010D). Roswell infill drilling (89 holes, 18,064m) targeted conversion to Indicated at a nominal 15m x 20m grid and returned multiple wide, high-grade intercepts including 7.9m @ 14.6 g/t Au and 1.1m @ 84.4 g/t Au (ROSUG584D).
Tomingley totals: Resources 19.23 Mt @ 2.2 g/t Au (1,358 koz); Ore Reserves 10.36 Mt @ 1.9 g/t Au (621 koz). Further drilling and resource updates planned, with surface programs starting November 2025.
Alkane Resources (OTCQX:ALKEF) reported a record operational quarter to 30 Sep 2025 after completing the merger with Mandalay on 5 Aug 2025. Group production was a record 30,511 AuEq oz at an AISC of A$2,988/AuEq oz (full three-month pro‑forma production 36,407 AuEq oz). Mine operating cash flow was A$73 million and cash, bullion and listed investments totaled A$191 million after repaying A$45 million debt and A$25 million of one‑off merger costs. FY2026 guidance for the combined group is 160–175koz AuEq at AISC A$2,600–2,900/AuEq oz. Key site notes: Tomingley Newell Highway works underway; True Blue and El Paso exploration intercepts reported; Björkdal faced summer interruptions.
Alkane Resources (OTC: ALKEF) updated its Mineral Resources and Ore Reserves as at 30 June 2025, prepared JORC Code compliant statements for Costerfield and Björkdal, and published MROR Statements for NSW, Costerfield and Björkdal.
Key figures: Group Mineral Resources total 850,009 kt at 0.45 g/t containing 12,143 koz gold and 1.46 Mt copper (Boda Kaiser). Group Ore Reserves total 23,947 kt at 1.7 g/t containing 1,313 koz gold and 10.7 kt antimony (Costerfield reserves include 537 kt at 8.7 g/t).
The company said it will incur substantial capital expenditure through the remainder of the financial year to add to resources, particularly at Costerfield.
Alkane Resources (OTC:ALKEF) announced on October 14, 2025 that Non-Executive Director Dominic Duffy has resigned from the Board to pursue other opportunities. The company said the Board is reviewing its composition and future appointments. Alkane Chair Andy Quinn thanked Mr Duffy for his contributions following the merger with Mandalay Resources, and the release was authorised by Managing Director Nic Earner.
This is a board-level personnel change; the company did not announce a replacement or indicate any immediate operational or financial impact.