Alkane Resources Ltd (ALK) concluded the 2026 fiscal year within the top half of its production guidance, reporting a total of 168,337 gold-equivalent ounces across its three operating mines. The company’s June quarter contribution reached 42,491 gold-equivalent ounces, derived from the Tomingley gold mine in New South Wales, the Costerfield gold and antimony operation in Victoria, and the Björkdal gold mine in Sweden.

The latest quarterly performance reflects a moderation in output compared to the March quarter, which saw production of 45,776 gold-equivalent ounces. Despite this quarterly variance, Alkane successfully finished the twelve-month period within its target range of 160,000 to 175,000 gold-equivalent ounces. The company’s balance sheet also showed marked growth, with cash, bullion, and listed investments rising to $454 million by the end of June—a $104 million increase over the previous three-month period.

"Alkane has had another solid quarter's production from our three operating mines which together produced 40,949 ounces of gold and 456 tonnes of antimony (42,491 ounces of gold equivalent) over the quarter. Total production for the 1 July 2025 to 30 June 2026 period was 168,337 ounces of gold equivalent, in the top half of our guidance 2 of 160,000 - 175,000 ounces equivalent, We continue to build our balance sheet with $454 million in cash, bullion and listed investments at quarter end and total liquidity of $549 million including our undrawn revolving credit facility."

— Nic Earner, Managing Director & CEO

Beyond cash holdings, the company maintains a strong capital position, reporting that it remains effectively debt-free, excluding $17 million in equipment finance facilities. Alkane’s total liquidity, including an undrawn $110 million revolving credit facility, now stands at $549 million.

Investors looking for further operational detail and full site-specific breakdowns can anticipate the release of the June quarter activities report, which is scheduled for publication on 21 July 2026. This forthcoming report will provide a comprehensive view of the company’s final operational performance for the fiscal year.

Read the full announcement: Production in Top Half of FY2026 Guidance