Alkane Resources

Alkane Resources reports, following the merger, production rising to 168,000 ounces equivalent, cash and equivalents increasing to over AUD 432m and total liquidity exceeding AUD 500m, and a debt-free balance sheet. The company announces its first dividend in 45 years of AUD 0.02 per share and expects next fiscal year production of 163,000–177,000 ounces equivalent with AISC of around AUD 3,000/oz. Near-term growth is expected from Tomingley, Costerfield and Björkdal; long-term potential lies in the Boda Kaiser project, which, if approved and built, could boost annual production by about 200,000 ounces, with an expected FID in 2029 and completion in 2031–2032. » More on de.investing.com

Alkane presented strong operational results at the Noosa Mining Conference: 168,000 ounces produced last year, cash of 432 million AUD, over 500 million AUD in liquidity, debt-free and a fully franked dividend of 0.02 AUD per share. Production guidance for the current year was raised to around 170,000 ounces. Strategic priorities are extending the lives of Tomingley, Costerfield and Björkdal and advancing the long‑term Boda‑Kaiser project, which could enable over 200,000 ounces of annual production. Future growth depends on drilling success, approvals and cost control. » More on de.investing.com

Alkane Resources reports Q3 EPS of 0.0681 AUD (+25.41% versus forecast) and revenue of 274.37 million AUD, both above expectations, as well as a record EBITDA of 161 million AUD. The merger with Mandalay Resources contributed to the strong production performance. Despite robust operational metrics, the stock fell 3.81% to 1.575 AUD as investors worry about cost pressures, rising all‑in sustaining costs and a negative EPS outlook for 2026. Management stresses cost optimization and ongoing investments to support growth. » More on de.investing.com