Alkane Resources Ltd. is pleased to provide production, cost and growth and exploration expenditure guidance for the financial year ending 30 June 2026 for its three operating mines: Tomingley and Costerfield in Australia and Björkdal in Sweden. All dollars noted are Australian. Alkane's production and cost guidance on the basis of 100% contribution from Tomingley, Costerfield and Björkdal for financial year to 30 June [...]
Alkane Resources Ltd. results for the year ended 30 June 2025 are attached. The table below is a summary of the financial results: June 2025 June 2024 Change Change % Gold revenue 262,362 172,991 89,371 52% Gold production 70,120 57,217 12,903 23% Gold sales 69,774 57,592 12,182 21% Sale price 3,770 3,004 766 25% Tomingley profit before tax 60,934 33,123 27,811 84% Company profit after tax 33,043 17,677 15,366 87% Alkane [...]
As originally indicated in an investor announcement dated 14 August 2025, Alkane Resources Ltd. is pleased to provide the latest exploration results for drilling in the region around the Company's Tomingley Gold Operations in Central New South Wales: Exploration within the Tomingley Gold Project has focussed on defining targets that will add to the resource inventory and further extend mine life for the Tomingley Gold [...]
Alkane Resources Ltd. is pleased to provide an update on the work being undertaken to release Production Guidance for FY2026 and the Annual Resources and Reserves Statement for the Company's expanded portfolio of projects. The Company would also like to take the opportunity to provide further details regarding the FY2025 production results from its Costerfield and Björkdal projects and to clarify certain information [...]
Alkane Resources Ltd. is pleased to announce the repayment of the outstanding A$45,000,000 debt in the Macquarie facility established for the expansion of the Company's Tomingley Gold Operations in Central New South Wales. The A$45,000,000 has been repaid using the Company's cash reserves. Alkane is now substantively debt free apart from its standard equipment financing. Alkane Managing Director & CEO, Nic Earner, said [...]
Alkane Resources is pleased to announce that its ordinary shares commenced trading on the Toronto Stock Exchange at 9:30am on 7 August 2025 under the ticker symbol "ALK". Alkane has retained its primary listing on the Australian Securities Exchange under the ticker symbol "ALK". The listing follows the completion of the merger between Alkane and Mandalay Resources on 5 August 2025 under which Alkane acquired all of the [...]
Alkane Resources and Mandalay Resources are pleased to announce the successful closing of their merger. The transaction was effected by way of a statutory plan of arrangement under the Business Corporations Act, whereby Alkane acquired all of the issued and outstanding common shares of Mandalay. Under the terms of the Arrangement, Mandalay shareholders are entitled to receive 7.875 fully paid ordinary shares of Alkane for [...]
Creates powerful platform underpinned by a shared vision for growth. Three cash-generating mines in premier mining jurisdictions with strong organic growth. Projected gold equivalent production of ~160,0001 ounces in 2025, increasing to over ~180,0002 ounces in 2026. Robust proforma balance sheet: A$188 / C$167 million cash to fuel growth as at 31 March 20253. Increased scale and trading liquidity anticipated to drive [...]
The Australian Gold Conference 2024 hosted a special event to introduce Australians to the potential of investing in gold beyond traditional avenues, focusing on the shift from culturally influenced jewellery to modern bullion, shares and digital gold products. The two-hour fast paced educational experience provided insights into the benefits, risks, and practicalities of investing in all forms of gold in today's digital [...]
Alkane Resources Ltd. managing director Nic Earner is back with Proactive's Elisha Newell after the company posted a resource update for the Northern Molong Porphyry Project's Kaiser deposit in Central West New South Wales.The revised figures now indicate an overall resource of 213 million tonnes at a grade of 0.55 g/t gold equivalent, totalling 3.74 million ounces. The update follows an extensive infill drill program [...]
Alkane Resources Ltd. managing director Nic Earner tells Proactive's Stephen Gunnion the company has reached another milestone at its Tomingley Gold Operations in Central West New South Wales with the transition from ore development to production stoping at the Roswell deposit. Earner detailed the completion of the exploration drive at Roswell, which had received full approval last year. He highlighted the ongoing [...]
Alkane Resources Ltd. MD Nic Earner tells Proactive the Tomingley Gold Operations delivered another consistent production quarter with both the underground and open cut operations performing well. He adds that the Tomingley Gold Extension Project approval from the NSW Department of Planning and Environment is now expected in February and that the company is also looking forward to the initial mineral resource estimate at [...]
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