Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) reported quarterly production of 36,407 ounces of gold equivalent (AuEq) for the period July 1 to September 30, 2025, with cash, bullion and listed investments of A$191 million at quarter-end.
The quarter included the repayment of A$45 million in debt and one-off transaction costs of A$25 million linked to the Mandalay Resources merger, while 7,250 ounces of gold were delivered into hedges.
Guidance for financial year 2026 remains 160,000–175,000 AuEq ounces at an all-in sustaining cost (AISC) of A$2,600–A$2,900 per AuEq ounce.
“It has been a significant quarter with the merger with Mandalay completing in early August. Alkane now has three operating mines who together produced 35,527 ounces of gold and 198 tonnes of antimony (36,407 ounces of gold equivalent) over the full quarter. With the repayment of our A$45 million debt and the one-off transaction costs of A$25 million behind us we have a very solid balance sheet with A$191 million in cash, bullion and listed investments at quarter end,” ALK managing director Nic Earner said.