Alkane Resources (ASX: ALK) — Company Overview, News & Financial Data
Alkane Resources is focused on gold exploration and production in New South Wales, particularly through the Tomingley Gold Project.
Alkane Resources
Alkane Resources is a gold and antimony production and mineral exploration company operating key mining assets in Australia and Sweden. The company produces gold from its underground and open-cut Tomingley Gold Operations located in the Central West region of New South Wales, Australia. Following its merger with Mandalay Resources, its asset portfolio includes the Costerfield gold and antimony mine in central Victoria, Australia, as well as the Björkdal gold mine situated near Skellefteå in Sweden. Additionally, the company is advancing gold and copper exploration projects, including the Boda-Kaiser porphyry discovery in New South Wales.
Snapshot
Operations
Products and/or services of Alkane Resources
- Gold Mining - New South Wales Operations: Underground and open-cut extraction 25 kilometers southwest of Dubbo delivering annual output exceeding 70,000 ounces, supported by processing infrastructure and mine development plans extending beyond 2030 to achieve 100,000 ounces per year.
- Gold Mining - Sweden Operations: Underground extraction in the Boliden mining district 28 kilometers northwest of Skellefteå delivering over 42,000 ounces of annual gold production, with total resources of nearly two million ounces and projected mine life beyond 2035.
- Gold and Antimony Mining - Victoria Operations: Underground mining located 50 kilometers east of Bendigo producing over 43,000 ounces of gold and 1,200 tonnes of antimony annually, with current reserve life extending through 2031 alongside active near-mine district exploration programs.
- Gold Extension Projects: Mine development and land acquisition expanding open-pit and underground infrastructure south of historic processing areas in New South Wales to extend operating life beyond 2030 and increase long-term annual processing capacity.
- Copper-Gold Exploration: Advanced exploration for large bulk-tonnage gold and copper deposits in Central West New South Wales, conducting resource estimation, metallurgical testing, and engineering studies to support potential large-scale open-pit development.
- Regional Mineral Exploration: Targeted diamond and reverse-circulation drilling programs conducted across near-mine extensions and regional prospective properties in Australia and Sweden to define additional high-grade gold, antimony, and copper deposits.
Alkane Resources executive team
- Nicholas Paul EarnerMD, Executive Director & CEO
- James John CarterChief Financial Officer
- Simon ParsonsChief Operations Officer of Australia
- Richard SteenhofGeneral Counsel & Joint Company Secretary
- Chris DavisChief Geologist
- Natalie ChapmanCorporate Communications Manager
- David MeatesExploration Manager NSW
- Julia BeckettJoint Company Secretary
- Brendan WardGeneral Manager of Commercial
Latest news about Alkane Resources
Alkane Resources delivers $206M quarterly revenue
AustraliaAlkane Resources reports quarterly gold output
AustraliaAlice Queen sells Yarindury tenement for $900,000
AustraliaAlkane Resources proposes maiden dividend on $454M cash
AustraliaAlkane Resources delivers 42,491 ounces of gold to June 30
AustraliaAlkane Resources posts record $93M Q3 profit
Australia
Recent announcements
What Alkane Resources (ALK) has told the market, newest first.
- September 2026 Quarter Production UpdatePrice sensitive
- Notice of Annual General Meeting/Proxy Form
- Appendix 4G and Corporate Governance Statement
- Annual Report to shareholders
Dividend history
Dividends per share paid by Alkane Resources, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2027(to date) | A$0.0200 | — | — | A$0.0200 |
| FY2020 | — | — | — | A$1.0750 |
| FY2019 | — | — | — | A$1.3400 |
| FY2018 | — | — | — | A$1.2400 |
| FY2017 | — | — | — | A$1.1500 |
Key financials
Reported results for Alkane Resources, in AUD.
- Market cap
- 2.2B
- Revenue (TTM)
- 935.8M
- P/E ratio
- 9.1
- EPS (diluted, TTM)
- 0.2
- Dividend yield
- 1.2%
- Profit margin
- 24.4%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 935.8M | 318.4M | 228.7M | |
| 262.4M | 40.7M | 33M | |
| 173M | 23.6M | 17.7M | |
| 190.5M | 58.9M | 42.5M |