The Chinese translation is being made; the original is shown for now.
Cash & Bullion of $440 million – Maiden dividend paid
Operations
- Q1 FY27 gold equivalent production of 40,740 AuEq oz @ AISC of $2,805/AuEq oz.¹·²
- Gold equivalent sales for the quarter of 38,348 ounces¹ for revenue of $206 million at an average gold sales price of $5,128/oz and an average antimony sales price of $23,842/t.
- Mine operating cash flow of $102 million for the quarter.³
- FY27 production guidance of 163-177koz gold equivalent at an AISC of $2,900-$3,200 per ounce.¹·²
Growth Projects
Tomingley
- Newell Highway – Offline pavement works, base slab concrete pours for culverts and northern tiein works ongoing. Southern tie-in works between highway and bypass commenced.
- Kyalite Road – Planks for haul road overpass placed, abutments to near full height, topsoil placement on abutments ongoing.
Björkdal
- Storheden – Initial till removal has been completed on the new portal. Lateral development to the Storheden deposit from underground commenced.
- Tailings Dam – Wall lifts are on budget and schedule.
Exploration
Costerfield
- Infill Drilling of the True Blue prospect provides resolution of geological complexity of the deposit.⁴
- Extension Drilling at Brunswick South delineates deep gold domain as well as newly discovered mineral trend 200m from the target.⁵
- New high-grade domain was discovered in the Cuffley deposit at Costerfield.⁶
Björkdal
- Drilling supports extension at Björkdal with high-grade intercepted within the northern and eastern extension areas.⁷
- Mineral Resource at Storheden, Björkdal significantly increased with further extension drilling.⁸
Annual Mineral Resource and Ore Reserves Statement highlights Reserve growth beyond depletion replacement at all 3 operating mines.⁹
Finance and Corporate
- Cash, bullion and listed investment balance of $459 million after $13 million of corporate income tax payments during the quarter.
- Final income tax payments related to FY26 of $55-60 million anticipated in the December quarter.
- 7,800 ounces of hedges filled during the quarter.
- Maiden fully franked dividend of 2 cents per share paid. $50 million buyback approved in September 2026.
Managing Director and CEO, Nic Earner, commented: “It has been a solid start to FY27 for Alkane, producing 39,823 ounces of gold and 396 tonnes of antimony (40,740 ounces of gold equivalent) for the quarter at an AISC of $2,805 per ounce, below our full year cost guidance range.
“Our site operating cashflow was $102 million for the quarter and, after paying our maiden dividend and $13 million in income tax, we closed the quarter with $440 million in cash and bullion, or $459 million including listed investments.
“Paying Alkane’s first ever dividend of 2 cents per share, fully franked, is a significant milestone for the Company and a tangible return to the shareholders who have supported our growth. With monthly mining and processing records set at Tomingley and successive monthly throughput records at Costerfield, we are well positioned and reaffirm our full year FY27 guidance of 163-177koz gold equivalent at an AISC of $2,900-$3,200 per ounce.”
View the full Quarterly Report
- Gold equivalent ounces calculated by multiplying quantities of gold and antimony in period by respective average market price of commodities in period, adding the two amounts to get ‘total contained value based on market price’ and dividing that total contained value by the average market price of gold in period. I.e., AuEq = ((Au Produced x Au $/oz) + (Sb Produced pre-payability x 70% payability x Sb $/t)) / (Au $/oz). The average market prices for the September quarter were $6,035/oz Au (being the average of the daily PM price, sourced from www.lbma.org.uk) and $19,982/t Sb (being the average Shanghai Metal Market Price sourced from www.metal.com). The AUD:USD exchange rate for the September quarter was 0.7062. Metallurgical recoveries for gold and antimony are well established through current and historical plant performance, and actual recoveries achieved during the period are set out in Table 1. Antimony is recovered into a gold-antimony concentrate and sold under existing offtake arrangements. It is the Company’s opinion that all of the elements included in the metal equivalent calculation have a reasonable potential to be recovered and sold.
- AISC is a non-IFRS measure and does not have a standardised meaning under IFRS and might not be comparable to similar financial measures disclosed by other companies. Refer to “Non-IFRS Performance Measures” at the end of this announcement.
- Mine Operating Cashflow: Total Group Revenue less cash costs, royalties, net working capital movements and the effect of foreign exchange movements. Excludes interest received, income tax paid and sustaining, growth and exploration capital expenditure
- Refer to ALK Announcement dated 6 July 2026 titled “Costerfield – True Blue Exploration Update”
- Refer to ALK Announcement dated 14 July 2026 titled “Alkane Extends High Grade Gold Trend at Brunswick South”
- Refer to ALK Announcement dated 24 August 2026 titled “New High-Grade Domain Discovered at Cuffley”
- Refer to ALK Announcement dated 9 July 2026 titled “Björkdal – Near Mine Exploration Update”
- Refer to ALK Announcement dated 31 July 2026 titled “Amended – Alkane Significantly Increases Storheden Mineral Resource and Provide Exploration Update”
- Refer to ALK Announcement dated 11 September 2026 titled “Group Resources & Reserves Statement FY26”
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