By Digifin Pty Ltd · About this coverage
Key Points
- Group production of 40,740 AuEq oz, including 39,823 Au oz and 396 Sb t
- Tomingley the largest contributor at 21,506 Au oz
- Cash and bullion of $440 million; pro forma liquidity of $550 million
- Maiden dividend of $24 million paid on 1 October 2026
- 21,150ozs of hedges remain to be delivered over the 3 quarters to June 2027
About Alkane Resources (ASX:ALK)
Alkane Resources Limited is an ASX-listed gold and antimony producer headquartered in Perth. It operates the Tomingley gold mine in central west New South Wales, the Costerfield gold and antimony mine in Victoria and the Björkdal gold mine in northern Sweden. It also owns the Boda-Kaiser gold-copper porphyry project in New South Wales.
Alkane Resources (ASX:ALK) released its September 2026 quarter production update to report group output and its cash position ahead of its full quarterly activities report, due on Friday, 23 October 2026.
Group production was 40,740 AuEq oz, comprising 39,823 Au oz and 396 Sb t, with gold equivalent calculated by the company from average market prices. Tomingley produced 21,506 Au oz, Björkdal 10,482 Au oz and Costerfield 7,835 Au oz plus 396 Sb t, or 8,752 AuEq oz. Group sales were 37,950 Au oz and 172 Sb t, or 38,348 AuEq oz. Alkane closed the quarter with cash and bullion of $440 million and investments in listed securities of $19 million, and reports pro forma liquidity of $550 million including its undrawn $110 million revolving credit facility. It transferred $24 million for its maiden dividend, paid on 1 October 2026, with the balance of $3 million transferred for TSX shareholders on that date, and paid $13 million in tax during the quarter. It is debt free except for equipment finance of $16 million. Alkane delivered 7,800ozs into hedges, with 21,150ozs remaining to be delivered over the 3 quarters to June 2027. It re-iterated the FY27 guidance released on 21 August 2026 and describes FY27 as a year of significant re-investment.
The update gives no cost, AISC or margin figures for the quarter. Those are left to the activities report on 23 October 2026.
Source: Alkane Resources Limited (ASX:ALK), 9 October 2026. Summary content supplied by Digifin Pty Ltd.
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