ALK.ASX: FY26 Production Delivered, Record Cash, Dividend Proposed

FY26 Production Delivered, Record Cash, Dividend Proposed

Stock	Alkane Resources Ltd (ALK.ASX)
Release Time	21 Jul 2026, 8:21 a.m.
Price Sensitive	Yes

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Alkane Resources Reports FY26 Production, Proposes Maiden Dividend

Key Points

FY26 gold equivalent production of 168,337 AuEq oz.
Record cash flow of $432 million.
Proposed maiden fully franked dividend of 2 cents per share.

Full Summary

Alkane Resources Limited announced its Quarterly Activities Report for the period ending 30 June 2026. The company reported a gold equivalent production of 168,337 ounces for FY26, slightly above the top end of guidance. The site operating cash flow for the quarter was $174 million, resulting in a balance sheet with $454 million in cash, bullion, and listed investments at quarter-end. Reflecting the strong financial position, the Board proposed Alkane's first-ever dividend of 2 cents per share, fully franked. The company also provided FY27 production guidance of 163-177kozs gold equivalent at an AISC of $2,900-$3,200 per ounce.

Guidance

FY27 production guidance of 163-177kozs gold equivalent at an AISC of $2,900-$3,200 per ounce

Outlook

The company expects to deliver consistent performance again next year, with FY27 production guidance provided.