Highlights

  • Alkane Resources (ASX:ALK) reported FY26 Revenue of AUD 935.8 million and net profit after tax of AUD 228.7 million.
  • September-quarter output reached 40,740 gold-equivalent ounces, with all-in sustaining costs of AUD 2,805 per ounce.
  • Cash and bullion totalled AUD 440 million at 30 September 2026, while mine Operating Cash Flow was AUD 102 million.
  • FY27 guidance remains 163,000–177,000 gold-equivalent ounces at an AISC of AUD 2,900–3,200 per ounce.

Alkane Resources Limited (ASX:ALK) produces gold and antimony through the Tomingley mine in New South Wales, Costerfield in Victoria and Björkdal in Sweden. Its 2026 financial results and September-quarter operating update describe production across these three mines alongside Investment in mine development and exploration. On 5 November 2026, Alkane shares were quoted at AUD 1.785. The disclosures cover output, costs, cash generation and development spending.

Three Operating Mines and a Broader Project Pipeline

Across the September 2026 quarter, Tomingley produced 21,506 gold ounces, Björkdal 10,482 gold ounces and Costerfield 7,835 gold ounces plus 396 tonnes of antimony. Alkane reported 39,823 gold ounces and 396 tonnes of antimony in aggregate, equivalent to 40,740 gold-equivalent ounces under its stated calculation. Gold-equivalent reporting combines the values of different metals; it should not be mistaken for physical gold ounces alone.

FY26 Results and September-Quarter Cash Generation

For the year ended 30 June 2026, Alkane Resources (ASX:ALK) recorded revenue of AUD 935.8 million and net profit after tax of AUD 228.7 million. These statutory results include the contribution of Costerfield and Björkdal following their consolidation into the group during FY26. Alkane separately reported full-year production of 168,337 gold-equivalent ounces on a combined-operation basis, compared with 162,440 ounces for the statutory reporting period. The two production totals use different consolidation periods.

The quarter ended 30 September 2026 generated AUD 206 million of sales revenue from 38,348 gold-equivalent ounces sold. Mine operating cash flow was AUD 102 million, and the reported All-In Sustaining Cost was AUD 2,805 per gold-equivalent ounce. Cash and bullion stood at AUD 440 million at quarter-end, alongside AUD 19 million in listed investments and an undrawn AUD 110 million Credit facility.

Growth Expenditure, Guidance and Operating Risks

Alkane (ASX:ALK) reaffirmed FY27 group production guidance of 163,000–177,000 gold-equivalent ounces at an all-in sustaining cost of AUD 2,900–3,200 per ounce. Its guidance also provides for AUD 160–190 million in growth Capital and AUD 45–53 million in exploration expenditure across the three operations, alongside AUD 10–12 million for Boda-Kaiser and other exploration. These figures are company forecasts rather than completed outcomes, and actual expenditure and output may differ.

At Tomingley, work on the Newell Highway bypass and related infrastructure continued during the September quarter. Development towards the Storheden deposit also commenced underground at Björkdal. Such work can affect the timing and cost of future mine access. At Costerfield, underground development and resource evaluation remain relevant to mine planning, alongside exposure to gold and antimony prices. Changes in grade, recovery, workforce availability, energy costs and construction schedules could influence actual production and unit costs.

Key Insights

Alkane Resources (ASX:ALK) enters FY27 with three producing mines, reported September-quarter mine operating cash flow of AUD 102 million and AUD 440 million in cash and bullion. Its near-term reporting will show whether production, sustaining costs and growth expenditure remain consistent with company guidance. Progress on mine-development works, ore grades and gold and antimony realisations will provide further context for the operating and financial results.