Half Year Financial Accounts & Appendix 4D
| Stock | Alkane Resources Ltd (ALK.ASX) |
|---|---|
| Release Time | 13 Feb 2026, 9:24 a.m. |
| Price Sensitive | Yes |
Alkane Resources Ltd Reports Half Year Financial Results
- Revenue up 232% to $403.9 million
- Profit after tax up 393% to $64.9 million
- Gold and antimony production increased significantly following merger with Mandalay Resources
Alkane Resources Ltd, an Australia-based gold and antimony producer, has reported its financial results for the half-year ended 31 December 2025. The company's revenue from ordinary activities increased by 232% to $403.9 million, mainly due to increased production and gold sales following the addition of the Costerfield gold-antimony operations and Björkdal gold operations to the portfolio after the merger with Mandalay Resources Corporation. Net statutory profit after tax attributable to the owners of Alkane Resources Ltd was $64.9 million, an increase of 393% over the corresponding period, primarily due to higher gross profit. During the half-year, Alkane produced 74,174 ounces of gold equivalent, with all-in sustaining costs of $2,841 per ounce. The company's Tomingley, Costerfield, and Björkdal operations all contributed to the increased production and profitability. Exploration activities continued at the company's various projects, with promising results from the Tomingley, Costerfield, and Björkdal operations, as well as the Northern Molong Porphyry Project.
Alkane Resources Ltd expects to maintain its strong financial performance, with continued high gold and antimony production and sales from its portfolio of operating mines. The company has not provided any specific forward-looking financial guidance for the remainder of the 2026 financial year.
Alkane Resources Ltd remains focused on optimizing its existing operations, advancing its exploration projects, and evaluating potential growth opportunities to further strengthen its position as a leading gold and antimony producer.