Alkane Resources Limited
ALK.ASXMaterials
Gold and antimony producer with three operating mines across Australia and Sweden.
Market Data
$1.475
+0.1%$1.9B
-100000.0x
$-99999.990
0.00%
+0.2%
Latest Earnings
Q2 FY 2026 Earnings Conference Call
13 February 2026
Alkane Resources delivered record Q2 and H1 FY2026 production of 43.7k and 74.2k gold equivalent ounces respectively, driven by strong performance across all three mines following the Mandalay Resources merger. The company generated record operating cash flows of A$133M in Q2, bringing cash and investments to A$246M, positioning it well to meet FY2026 guidance and pursue growth initiatives. Key points: Record quarterly and half-year gold equivalent production of 43.7k and 74.2k ounces respectively; Record Q2 operating cash flows of A$133 million, demonstrating strong cash generation; Strong financial position with A$246 million in cash, bullion and investments
Recent Announcements
Ceasing to be a substantial holder
GMT Capital Corp. ceased to be a substantial holder in Alkane Resources Ltd. (NFFPRN: 000 689 216) on 27 July 2026, following the sale of fully paid ordinary shares on 24 April 2026 (938,700 shares for US$10.78M) and 27 April 2026 (938,800 shares for US$10.64M).
Becoming a substantial holder for NAG
NAG became a substantial holder (13.21%).
Retraction of Updated Forecast Financial Information
Alkane Resources was forced to retract updated forecast financial information for their Boda-Kaiser project after ASX ruled the updated gold price assumptions (A$4,600/oz vs original A$3,500/oz) required a new scoping study. The company confirmed their original July 2024 scoping study remains current and investors should not rely on the retracted forecasts. Key points: Company confirmed original July 2024 scoping study remains current and unchanged; Portfolio includes three operating mines across Australia and Sweden; Strong balance sheet positioned for further growth
Q2 FY 2026 Earnings Conference Call
Alkane Resources delivered record Q2 and H1 FY2026 production of 43.7k and 74.2k gold equivalent ounces respectively, driven by strong performance across all three mines following the Mandalay Resources merger. The company generated record operating cash flows of A$133M in Q2, bringing cash and investments to A$246M, positioning it well to meet FY2026 guidance and pursue growth initiatives. Key points: Record quarterly and half-year gold equivalent production of 43.7k and 74.2k ounces respectively; Record Q2 operating cash flows of A$133 million, demonstrating strong cash generation; Strong financial position with A$246 million in cash, bullion and investments
Q2 & H1 FY2026 Record Operating & Record Financial Results
Alkane Resources delivered record Q2 and H1 FY2026 results with revenues of $404M for the half year, driven by strong gold and antimony production from its expanded three-mine portfolio following the Mandalay acquisition. The company generated record adjusted EBITDA of $185M and free cash flow of $85M, positioning it strongly to meet full-year guidance with cash reserves of $246M. Key points: Record H1 revenue of A$404M with 74,094 gold equivalent ounces sold at average realized gold price of A$5,421/oz; Record adjusted EBITDA of A$185M and strong free cash flow of A$85M for the half; Robust cash position of A$246M including cash, bullion and liquid investments
Half Year Financial Accounts & Appendix 4D
Alkane Resources delivered exceptional half-year results driven by the August 2025 merger with Mandalay Resources Corporation, which added the Costerfield and Björkdal operations. Revenue surged 232% to $403.9M while profit after tax jumped 393% to $64.9M, boosted by record gold prices of $5,421/oz and increased production from the expanded portfolio. Key points: Successful completion of Mandalay Resources merger in August 2025, adding Costerfield gold-antimony and Björkdal gold operations; Record average realized gold price of $5,421/oz compared to $3,498/oz in prior period; Gold equivalent production increased to 74,174 oz from 33,270 oz driven by expanded operations
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