Appendix 4E and Full Year Statutory Accounts
| Stock | Alkane Resources Ltd (ALK.ASX) |
|---|---|
| Release Time | 22 Aug 2025, 9:15 a.m. |
| Price Sensitive | Yes |
Alkane Delivers Profit After Tax of A$33 Million for FY2025
- Alkane had a profitable year while operating the Roswell underground deposit
- Gold production increased by 23% to 70,120 ounces at an AISC of A$2,561 per ounce
- Company profit after tax increased by 87% to A$33.0 million
Alkane Resources Limited (ASX:ALK; TSX:ALK; OTCQX:ALKEF) reported its results for the year ended 30 June 2025. The company had a profitable year while operating the Roswell underground deposit, with gold production increasing by 23% to 70,120 ounces at an all-in sustaining cost (AISC) of A$2,561 per ounce. This resulted in gold revenue of A$262.4 million, up 52% from the prior year, and a profit after tax of A$33.0 million, up 87%. The increase in gold production reflects higher grade ore and recoveries via the fine grind circuit upgrade. As at 30 June 2025, the company had A$60.3 million in cash, bullion and listed investments. Post the financial year end, Alkane completed a 'merger of equals' with Mandalay Resources Corporation, positioning the combined entity for further production and growth.
Alkane reported gold production of 70,120 ounces for the 2025 financial year at an AISC of A$2,561 per ounce.