PERTH, Australia – Alkane Resources Limited (ASX:ALK; TSX:ALK; OTCQX:ALKRY) has delivered its full-year FY26 production guidance, reporting record cash flow and proposing its first-ever maiden dividend of 2 cents per share, fully franked. The company’s Q4 FY26 activities report, released on July 20, 2026, highlights a robust financial position and operational performance.
Strong Operational and Financial Performance in FY26
For the fourth quarter of Fiscal Year 2026 (Q4 FY26), Alkane Resources achieved gold equivalent production of 42,491 AuEq ounces, with an All-In Sustaining Cost (AISC) of $3,011 per AuEq ounce. This contributed to a full-year FY26 production of 168,337 AuEq ounces, meeting the upper half of the company’s guidance, at an AISC of $2,925 per AuEq ounce.
Site operating cash flow for Q4 FY26 reached $174 million. This strong operational performance has bolstered the company’s balance sheet, with cash, bullion, and listed investments totaling $454 million at the end of the quarter, following $18 million in corporate income tax payments. The company also reported a cash increase of A$104 million for the quarter, bringing its total cash reserves to $432 million.
Gold equivalent sales for the quarter amounted to 47,411 ounces, generating revenue of $257 million. The average realized gold price was $5,442 per ounce, and the average realized antimony price was $24,276 per tonne.
Maiden Dividend and FY27 Outlook
Reflecting its strong financial standing and confidence in future prospects, Alkane’s Board has proposed a maiden fully franked dividend of 2 cents per share for FY26. This marks a significant milestone for the company, representing a tangible return to shareholders who have supported its growth.
Looking ahead, Alkane has issued its production guidance for FY27, projecting between 163,000 and 177,000 gold equivalent ounces. The anticipated AISC for FY27 is expected to range from $2,900 to $3,200 per ounce, indicating a commitment to maintaining cost efficiencies while pursuing production targets.
Managing Director and CEO, Nic Earner, expressed satisfaction with the company’s performance. “It has been another great quarter for Alkane, producing 40,949 ounces of gold and 456 tonnes of antimony (42,491 ounces of gold equivalent) over the full quarter, which places full year FY26 production at 168,337 ounces of gold equivalent, in the top half of guidance,” Earner stated. He further commented on the dividend proposal: “Reflecting this strong financial position and our confidence in the business, the Board has proposed Alkane’s first ever dividend of 2 cents per share, fully franked — a significant milestone for the Company and a tangible return to the shareholders who have supported our growth.”
Exploration Activities
In parallel with its financial and operational achievements, Alkane continues to advance its exploration efforts. At the Northern Molong Porphyry Project (NMPP), drilling between the Boda and Kaiser deposits has intersected further gold-copper mineralization. Notable results include intersections of magmatic-hydrothermal breccias grading 23.5 meters at 0.17g/t Au and 0.14% Cu, and 42.1 meters at 0.16g/t Au and 0.14% Cu.
Furthermore, a Mobile Magnetotellurics (MMT) survey flown over the NMPP has identified new target areas that are slated for further assessment, underscoring the potential for future discoveries within the project area.
Corporate Developments
Alkane’s inclusion in the S&P/ASX 200, effective prior to the open of trading on Wednesday, April 22, 2026, signifies its growing prominence in the Australian equity market. The company also reported filling 8,500 ounces of hedges during the quarter.
Alkane Resources will host a conference call and webcast to discuss these results on Tuesday, July 21, 2026. The call will feature Managing Director & CEO, Mr. Nic Earner, and CFO, Mr. James Carter.
