Alkane Resources Reports FY2026 Production in Top Half of Guidance
Alkane Resources produced 168,337 gold equivalent ounces for fiscal year 2026 and reported total liquidity of $549 million.
Alkane Resources Ltd produced 168,337 gold equivalent ounces (AuEq) for the fiscal year ending June 30, 2026, placing the company in the top half of its 160,000 to 175,000 ounce guidance. For the final quarter of the period, the company produced 42,491 AuEq ounces, which included 40,949 ounces of gold and 456 tonnes of antimony.
Production was driven by operations at three mines: Tomingley, Costerfield, and Björkdal. The company reported a strengthened financial position as of June 30, 2026, with cash, bullion, and listed investments totaling $454 million, a $104 million increase from March 2026. Total liquidity reached $549 million, supported by an undrawn $110 million revolving credit facility.
Alkane Resources remains debt-free with the exception of $17 million in equipment finance. The company is scheduled to release its full June quarter activities report on July 21, 2026.