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Alkane Announces Financial Year 2026 Guidance
Alkane Announces Financial Year 2026 Guidance PERTH, Australia, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Alkane Resources Limited (ASX:ALK; TSX:ALK; OTCQX:ALKEF) (‘Alkane’ or ‘the Company’) is pleased to provide production, cost and growth and exploration expenditure guidance for the financial year ending 30 June 2026 (‘FY2026’) for its three operating mines: Tomingley and Costerfield in Australia and Björkdal in Sweden. All dollars noted are Australian. Alkane’s production and cost guidance on the basis of 100% contribution from Tomingley, Costerfield and Björkdal for financial year to 30 J...
Alkane Delivers Profit After Tax of A$33 Million for FY2025
Alkane Delivers Profit After Tax of A$33 Million for FY2025 PERTH, Australia, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Alkane Resources Limited (ASX:ALK; TSX:ALK; OTCQX:ALKEF) (‘Alkane’ or ‘the Company’) results for the year ended 30 June 2025 are attached. The table below is a summary of the financial results: June 2025(A$’000)June 2024(A$’000)Change(A$’000)Change%Gold revenue262,362172,99189,37152%Gold production (ounces)70,12057,21712,90323%Gold sales (ounces)69,77457,59212,18221%Sale price (A$/oz)3,7703,00476625%Tomingley profit before tax60,93433,12327,81184%Company profit after tax33,0431...
Tomingley Exploration Intersects Significant Gold at El Paso
Tomingley Exploration Intersects Significant Gold at El Paso PERTH, Australia, Aug. 18, 2025 (GLOBE NEWSWIRE) -- As originally indicated in an investor announcement dated 14 August 2025, Alkane Resources Limited (ASX: ALK; TSX: ALK; OTCQX: ALKEF) is pleased to provide the latest exploration results for drilling in the region around the Company’s Tomingley Gold Operations in Central New South Wales: Exploration within the Tomingley Gold Project (TGP) has focussed on defining targets that will add to the resource inventory and further extend mine life for the Tomingley Gold O...
Upcoming Guidance and Costerfield and Björkdal Clarification
Upcoming Guidance and Costerfield and Björkdal Clarification PERTH, Australia, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Alkane Resources Limited (ASX:ALK; TSX:ALK; OTCQX:ALKEF) (‘Alkane’ or ‘the Company’) is pleased to provide an update on the work being undertaken to release Production Guidance for FY2026 and the Annual Resources and Reserves Statement for the Company’s expanded portfolio of projects. The Company would also like to take the opportunity to provide further details regarding the FY2025 production results from its Costerfield and Björkdal projects and to clarify certain informatio...
Project Finance Facility Fully Repaid
Project Finance Facility Fully Repaid PERTH, Australia, Aug. 17, 2025 (GLOBE NEWSWIRE) -- Alkane Resources Limited (ASX: ALK; TSX: ALK; OTCQX: ALKEF) (‘Alkane’ or ‘the Company’) is pleased to announce the repayment of the outstanding A$45,000,000 debt in the Macquarie facility established for the expansion of the Company’s Tomingley Gold Operations (Tomingley) in Central New South Wales. The A$45,000,000 has been repaid using the Company’s cash reserves. Alkane is now substantively debt free apart from its standard equipment financing. Alkane Managing Director & CEO, Nic Earner, said: “...
- Alison Turner
Alkane Resources - Seamlessly shifting to Roswell
On 14 October, Alkane released its Q125 quarterly activities report, showing almost all of its operating parameters in line with both guidance and our expectations for the full year. The exceptions were its head grade, which exceeded the upper end of the guidance range by 6.1%, and AISC, which improved upon the lower end of the guidance range by 9.1%. Most significant however was confirmation that AISC guidance reflects a one-off cost for decline development that is accounted as sustaining capit...
Alkane Resources Limited: 3 directors
Three Directors at Alkane Resources Limited bought 1,371,107 shares at between 0.440AUD and 0.443AUD. The significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's direc...
- Alison Turner
Alkane Resources - Kaiser a winner
Since our last update note on 20 May, Alkane has announced 1) the results of its scoping study on the Boda-Kaiser project, 2) FY24 production of 57,217oz Au at an all-in sustaining cost (AISC) guidance of A$2,150–2,350/oz, 3) an updated five-year mining plan at Tomingley and 4) regional exploration results from the Northern Molong Porphyry Project (NMPP). This note updates our valuation of the company for each of these developments, of which the most important are the results of the Boda-Kaiser ...
- Alison Turner
Alkane Resources - Kaiser takes on the World
As with Boda before it, April’s resource update at Kaiser saw substantially all of its resource promoted from the inferred to the indicated category at a materially higher grade of both gold and copper. The close-spaced nature of the drilling required to achieve this will now allow these resources to be quickly and easily promoted to reserve status for the purpose of Alkane’s scoping study – or preliminary economic assessment – to be announced later this quarter.
- Alison Turner
Alkane Resources - Boda continuing to add value
Following an extensive drilling campaign, on 14 December, Alkane announced an update to its Boda mineral resource estimate to include Boda Two and Three, as expected in Q423. The result of the update was a 30% increase in the gold grade and a 22% (or 1.17Moz) increase in contained gold at Boda, which we value at US$28.2m (4.7 US cents or 7.0 Australian cents per share). The Boda deposit remains open at depth and along strike and a subsequent resource update at Kaiser is anticipated in late Q1 CY...
- Alison Turner
Alkane Resources - The Bodas continue to grow
Alkane Resource’s FY23 financial results were broadly in line with our forecasts, with profit after tax totalling A$42.5m (compared to our forecast of A$44.0m) and EPS of 7.10c (cf 7.38c). Cash flows from operations exceeded our forecasts (A$95.5m cf A$75.6m) as a result of an increase in deferred tax liabilities, albeit this was balanced by higher exploration capex of A$58.1m to result in a net cash flow of A$4.1m (cf A$2.4m). Following FY23 production of 70,253oz at an all-in sustaining cost (...
- Alison Turner
Alkane Resources - Expanding its resources
Tomingley delivered Q423 gold production of 15,822oz, meeting its quarterly forecasts at an AISC of A$2,174/oz. These results concluded a strong year, with full year production of 70,253oz at an AISC of A$1,602/oz beating original FY23 guidance of 55,000–60,000oz production (at an AISC of A$1,650–1,900/oz), and meeting April 2023 production guidance of 65,000–73,000oz (at an AISC of A$1,550–1,750/oz). Full year gold sales totalled 70,498oz, generating revenue of A$190.5m at an average price of A...
- Alison Turner
Alkane Resources - Guidance increased again
Alkane continues to increase its production guidance, indicating confidence in a strong close to FY23, from 62,000–70,000oz to 65,000-73,000oz. It also lowered its expected unit costs to an AISC of A$1,550–1,700/oz, from previous guidance of A$1,550–1,800/oz. These updates follow confirmation of Q323 gold production of 16,641oz and a total for the year to date of 54,431oz, at an AISC of A$1,446/oz.
- Alison Turner
Alkane Resources - A self-sufficient outlook
Since our outlook note published on 7 July 2022, Alkane has made several important announcements. Firstly, it improved its FY23 production guidance to 62,000–70,000oz (a 17% increase) after impressive H123 production at Tomingley and now expects to reach the upper end of this range. This has resulted in our EPS forecast for FY23 increasing by 30.6% from A$0.0445/share to A$0.0582/share. This was followed by the approval of the Tomingley Gold Extension Project, permitting open-cut mining at the R...
- Alison Turner
Alkane Resources - Continuing to turn hope into reality
Alkane has announced an initial inferred resource estimation at its Kaiser deposit based on approximately 49,000m of drilling, using a 0.3g/t gold equivalent (AuEq) cut-off required for open-cut mining at the deposit. The programme concluded with an estimate of 270Mt grading at 0.54g/t AuEq for 4.7Moz AuEq (0.48Mt Cu, 2.05Moz Au). As a result, the value of contained copper now surpasses the value of gold in the Boda-Kaiser deposits. Additional exploration is now underway at Boda and Kaiser, with...
- Alison Turner
Alkane Resources - Tomingley Gold Extension Project approved
As expected, the NSW Minister for Planning has approved Alkane’s Tomingley Gold Extension Project, allowing both open-cut mining at the Roswell and San Antonio deposits (including underground mining at the former) and extending the mine life to 2032. The approval accepts a processing rate of up to 1.75Mtpa, with underground mining due to commence at Roswell before the end of CY23. Financing has been secured via A$50m of debt funding from Macquarie Bank, together with 100koz of gold hedging at a ...
- Alison Turner
Alkane Resources - A strong opening
Alkane’s Q123 operational results, announced today, were notably ahead of our forecasts, driven by both mill throughput (which operated at an elevated rate equivalent to 1.08Mtpa) and head grade (which, at 2.75g/t, was materially ahead of our expectations) to result in gold production for the quarter of 19,489oz (cf guidance for FY23 of 55-60koz). Given these results, our forecasts are under review.
- Alison Turner
Alkane Resources - Boda resource estimate within five months
On 22 October, Alkane announced the results to a further 19 diamond core and reverse circulation (RC) drill holes at it Northern Molong Porphyry Project. As well as continuing to delineate the strike and dip extent of the porphyry mineralisation at Boda, in this case, Alkane also announced results from Boda Two and Three (to the south of Boda) and Kaiser (to the northwest). Individual intercepts at Boda ranged from 1m at 18.6g/t gold to 11m at 2.88g/t and wider, while one at Kaiser recorded 4.94...
- Alison Turner
Alkane Resources - Boda resource estimate within five months
On 22 October, Alkane announced the results to a further 19 diamond core and reverse circulation (RC) drill holes at it Northern Molong Porphyry Project. As well as continuing to delineate the strike and dip extent of the porphyry mineralisation at Boda, in this case, Alkane also announced results from Boda Two and Three (to the south of Boda) and Kaiser (to the northwest). Individual intercepts at Boda ranged from 1m at 18.6g/t gold to 11m at 2.88g/t and wider, while one at Kaiser recorded 4.94...
- Alison Turner
Alkane Resources - Boda and Tomingley continue to deliver
On 16 August, Alkane published the assay results of 10 more holes drilled at Boda. While our estimate of the overall mineralised inventory at Boda has changed little as a result of this set of holes, probably their most significant consequence is the increase in the potential resource contained within the high-grade sulphide cemented breccia from c 2.1Moz gold equivalent (AuE) to c 3.5Moz AuE above 3.0g/t AuE. This is as a result of the extension of this structure to at least 800m (cf 500m previ...
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