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Gold & silver

Alkane lifts December quarter output to 43,663oz AuEq across three mines

Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) has posted a solid December 2025 quarter across its three operating mines, reporting 43,663 ounces of gold equivalent (AuEq) production for the period October 1 to December 31, 2025.

On a consolidated basis, the group produced 42,767 oz of gold and 267 tonnes of antimony, with the antimony contribution lifting the total to 43,663oz AuEq for the quarter.

Quarterly gold production of 43,663 AuEq oz, comprised of:

“Alkane has had a solid quarter’s production from our three operating mines which together produced 42,767 ounces of gold and 267 tonnes of antimony (43,663 ounces of gold equivalent) over the quarter," managing director Nic Earner said. "Tomingley will pour its 750,000th ounce of gold during January 2026, a great testament to the team there. We have further strengthened our balance sheet over the quarter with A$246 million in cash, bullion and listed investments at quarter end.”

Across the mines

Tomingley was the largest contributor, delivering 22,089 oz of gold for the quarter. The NSW operation also took its FY2026 year-to-date output to 40,424 oz of gold, reflecting a strong start to the financial year.

At Costerfield, Alkane recorded 10,790oz of gold and 267t of antimony. On an equivalent basis, that translated to 11,686 oz AuEq for the quarter. For the first half of FY2026, Costerfield produced 19,402 oz of gold and 465 t of antimony, equivalent to 21,178 oz AuEq year-to-date.

Sweden’s Björkdal added 9,888 oz of gold during the quarter, taking its FY2026 year-to-date total to 18,468 oz.

Across the group, first-half FY2026 production came in at 80,070 oz AuEq, comprising 78,294 oz of gold and 465t of antimony.

On the sales side, Alkane reported 44,084 oz AuEq sold in the quarter, made up of 42,709 oz of gold and 409t of antimony. On a year-to-date basis, sales totalled 79,043 oz AuEq, comprising 77,046 oz of gold and 549t of antimony.

The company also flagged a stronger financial position at quarter end, with cash, bullion and listed investments of A$246 million, while FY2026 group guidance remained unchanged at 160,000 to 175,000 oz AuEq.

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