Alkane Resources Delivers Record Quarterly Output and Cash Build on Mandalay Integration

Alkane Resources Ltd ( (AU:ALK) ) just unveiled an announcement.

Alkane Resources reported record quarterly group production of 43,663 gold-equivalent ounces for the three months to 31 December 2025, driven by improved performance at Tomingley and a full quarter of output from the Björkdal and Costerfield mines following last year’s Mandalay merger. The company generated site operating cash flow of $133 million, lifting cash, bullion and listed investments to $246 million despite tax payments, while all-in sustaining costs fell versus the prior quarter and full-year production guidance of 160,000–175,000 gold-equivalent ounces remains unchanged. Exploration drilling at the Storheden area of Björkdal significantly extended the known mineralised system and high-grade intercepts were also reported near existing underground infrastructure at Tomingley, supporting future mine-life and resource growth, while progress on infrastructure such as the Newell Highway realignment underpins longer-term operational continuity.

The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.95 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.

More about Alkane Resources Ltd

Alkane Resources Limited is an Australia-based gold and antimony producer with operations including the Tomingley mine in New South Wales and the Björkdal and Costerfield mines acquired via the Mandalay merger. The company focuses on precious and critical metals production, targeting higher-grade underground deposits and leveraging both gold and antimony exposure across multiple jurisdictions.

Average Trading Volume: 6,711,985

Technical Sentiment Signal: Buy

Current Market Cap: A$2.27B

For detailed information about ALK stock, go to TipRanks’ Stock Analysis page.