September 2025 Quarterly Production Update

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Stock Alkane Resources Ltd (ALK.ASX)
Release Time 10 Oct 2025, 8:31 a.m.
Price Sensitive Yes
 Alkane Reports Strong Q3 2025 Production
Key Points
  • Quarterly gold production of 36,407 AuEq oz
  • Cash, bullion and listed investments of A$191 million
  • FY2026 production guidance of 160,000 - 175,000 AuEq oz
Full Summary

Alkane Resources Ltd has produced 36,407 ounces of gold equivalent over the period from 1 July 2025 to 30 September 2025. This period included the expected slower production at Björkdal over the Swedish extended summer vacation period. Cash ($160m), bullion ($14m) and listed investments ($17m) totalled A$191 million at the end of the quarter. During the quarter A$45 million of debt was re-paid, one-off transaction costs of A$25 million from the merger with Mandalay were incurred and hedging of 7,250 ounces of gold was filled. Alkane now has three operating mines who together produced 35,527 ounces of gold and 198 tonnes of antimony (36,407 ounces of gold equivalent) over the full quarter. With the repayment of the debt and one-off costs behind them, Alkane has a very solid balance sheet. The company's FY2026 Group Guidance of 160,000 AuEq oz to 175,000 AuEq oz production at an AISC of A$2,600 - $2,900 per AuEq oz remains unchanged.

Guidance

FY2026 Group Guidance of 160,000 AuEq oz to 175,000 AuEq oz production at an AISC of A$2,600 - $2,900 per AuEq oz.