Alkane Resources (ALK) Noosa Mining Conference 2026 summary

Strategic achievements and recent performance

• Completed merger with Mandalay in August 2025, integrating operations and boosting cash by $242m.

• Produced 168k AuEq ounces in FY2026, exceeding prior guidance and maintaining strong operational delivery.

• Cash position increased from $190m to $432m, with over $500m in balance sheet liquidity and no debt.

• Share trading liquidity rose from 2.4m to 7.5m shares daily across ASX and TSX.

• Added to the S&P ASX200 index in April 2026 and recognized as the best-performing ASX gold producer over the past 12 months.

FY2027 outlook and growth initiatives

• FY2027 production guidance set at 163–177koz AuEq with AISC of $2,900–$3,200 per AuEq.

• Ongoing investments in growth and mine life extension, including antimony exposure.

• Large-scale Boda-Kaiser Au-Cu project advancing toward approvals, offering long-term growth potential.

• Consolidation in the S&P ASX200 index and continued strong cash generation expected.

Asset portfolio and operational highlights

• Tomingley produced 83koz Au in FY2026, with ongoing underground and future open pit expansions.

• Costerfield delivered 44.5koz AuEq in FY2026, remains a leading high-grade gold and antimony mine.

• Björkdal produced 40.8koz Au in FY2026, with resource expansion and new open cut at Nylunds.

• Boda-Kaiser project holds 14.7Moz AuEq in resources, with a scoping study indicating a 17+ year mine life and robust financials.