Alkane Hits Top Half of FY26 Guidance as Cash Climbs to $432 Million Alkane Resources Ltd has achieved the top half of its FY26 production guidance, producing 168,337 gold equivalent ounces despite a challenging market environment.
The company's three operating mines – Tomingley in New South Wales, Costerfield in Victoria, and Björkdal in Sweden – delivered solid quarterly performances.
While Alkane's output may seem modest compared to its guidance range of 160,000 175,000 ounces, it stands out against the backdrop of industry peers struggling to meet their own production targets.