Quarterly Activity Report

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Stock Alkane Resources Ltd (ALK.ASX)
Release Time 23 Apr 2026, 8:23 a.m.
Price Sensitive Yes
 Record quarterly production & operational cash build
Key Points
  • Site operating cash flow of $189 million for the quarter
  • Q3 FY26 record gold production of 45,776 AuEq oz @ AISC of $2,928/AuEq oz
  • Full Year Group Guidance remains at 160-175kozs AuEq at AISC $2,600-2,900/AuEq oz
Full Summary

Alkane Resources Limited reported its Quarterly Activities Report for the period ending 31 March 2026 (Q3 FY26). The company achieved record quarterly gold production of 45,776 gold equivalent ounces at an all-in sustaining cost (AISC) of $2,928/AuEq oz. This was driven by improved output at the Björkdal mine due to increased mill grades, coupled with stable production at the Tomingley and Costerfield operations. The company generated $189 million in site operating cash flow during the quarter, ending with $374 million in cash, bullion and liquid investments. Exploration activities continued at the Costerfield and Tomingley projects, with highlights including the identification of 25 additional veins within the Kendall prospect at Costerfield and the discovery of a gold-bearing structure 400m below the Roswell resource at Tomingley. Alkane's full year guidance remains unchanged at 160-175koz AuEq at an AISC of $2,600-2,900/AuEq oz.

Guidance

Full Year Group Guidance remains at 160-175kozs AuEq at AISC $2,600-2,900/AuEq oz.