Alkane Resources Limited (ASX:ALK): Quarterly Production and Dividend Update Across Three Mines

Sonal Goyal

02 November 2026 10:57 PM AEDT

Alkane Resources Limited (ASX:ALK): Quarterly Production and Dividend Update Across Three Mines

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Highlights

Alkane reported Q1 FY27 gold-equivalent production of 40,740 ounces.
The September 2026 quarter generated AUD 206 million of Revenue and AUD 102 million of mine operating cash flow.
FY26 net profit after tax was AUD 228.7 million, according to the company’s results release.
The company declared a fully franked final Dividend of 2.0 cents per share for FY26.
FY27 gold-equivalent production guidance remained 163,000–177,000 ounces.

Alkane Resources Limited produces gold and antimony through Tomingley in New South Wales, Costerfield in Victoria and Björkdal in Sweden. Alkane Resources Limited (ASX:ALK) reported its September 2026 quarterly operating performance on 23 October, building on its FY26 financial results released in August. The disclosures provide updated figures on production, costs, revenue, cash generation and work across its mines and development portfolio.

September Quarter Output and Revenue

For Q1 FY27, Alkane Resources Limited (ASX:ALK) reported production of 40,740 gold-equivalent ounces and an All-In Sustaining Cost of AUD 2,805 per gold-equivalent ounce. Gold-equivalent sales totalled 38,348 ounces, with quarterly revenue of AUD 206 million.

Mine Operating Cash Flow was AUD 102 million for the quarter. This measure is defined by the company and excludes certain expenditures, including sustaining and growth capital expenditure, exploration capital expenditure, interest received and income tax payments.

Gold-equivalent ounces combine gold and antimony using commodity-price assumptions. The measure supports comparison of combined output, but it is sensitive to the conversion methodology and the relative prices used. The company also notes that all-in sustaining cost is a non-IFRS measure whose definition may differ between reporting entities.

Full-Year Results and Dividend

In August 2026, Alkane Resources Limited (ASX:ALK) reported FY26 revenue of AUD 935.8 million compared with AUD 262.4 million in FY25, representing a 257% increase. FY26 net profit after tax was AUD 228.7 million, compared with AUD 33.0 million in FY25.

The company declared a maiden fully franked final FY26 dividend of 2.0 cents per share, with an ex-dividend date of 7 September 2026, Record Date of 8 September and payment date of 1 October. A dividend declaration is a distribution relating to a specified reporting period; it does not establish that future distributions will follow the same amount or schedule.

Alkane also reported FY26 cash and bullion of AUD 438.9 million in its full-year financial summary. The September quarterly announcement separately reported cash and bullion of AUD 440 million, and cash, bullion and listed investments of AUD 459 million. These balances have different inclusions and reporting dates and should not be conflated.

Mine Work and FY27 Guidance

In its 23 October release, Alkane Resources Limited (ASX:ALK) retained FY27 guidance of 163,000–177,000 gold-equivalent ounces at all-in sustaining cost of AUD 2,900–3,200 per ounce. Guidance is a forward operating estimate subject to the assumptions identified by management; it is not a guarantee of actual production or cost outcomes.

At Tomingley, development work included highway and haul-road infrastructure. At Björkdal, the company reported progress on Storheden portal work and underground access development. Exploration updates also described activity around Costerfield and Björkdal, while the annual resources and reserves statement discussed replacement of depletion at the operating mines.

For Alkane Resources Limited (ASX:ALK), ore grades, recovery performance, mine development schedules, input costs and foreign exchange rates remain relevant to operational results. The company’s multinational portfolio adds geographic and operational diversification, but it also introduces different permitting, labour and currency conditions across the three mines.

Key Insights

Alkane Resources Limited (ASX:ALK) combined quarterly production and cash-flow disclosure with a completed FY26 dividend payment and unchanged FY27 output guidance. The most recent reported figures establish the position at the September quarter, while actual performance against guidance will depend on subsequent operational disclosures. Statutory earnings, cash balances and non-IFRS production measures should be interpreted on their own definitions.

FAQs

Q: How much did Alkane produce in Q1 FY27?

A:40,740 gold-equivalent ounces, according to its October 2026 quarterly report.

Q: What is the FY27 production guidance?

A:163,000–177,000 gold-equivalent ounces.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.