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Record quarterly production & operational cash build

Alkane Resources reported a strong Q3 FY26 with record group quarterly production of 45,776 AuEq oz and site operating cash flow of $189m, driving total cash, bullion and listed investments to $374m. Quarterly revenue was ~$275m at an average realised gold price of A$6,330/oz; group AISC was A$2,928/AuEq oz and full‑year guidance (160–175koz AuEq at AISC A$2,600–2,900) remains unchanged. The company executed a A$110m revolving credit facility and A$40m contingent instrument facility and has material forward sales/hedges (37,450 oz forwards at ~A$2,863 avg; 31,500 oz put options at Björkdal). S&P Dow Jones inclusion into the S&P/ASX 200 (effective 22 Apr 2026) is expected to increase trading volumes and short‑term volatility from index‑tracking funds—a positive liquidity and visibility event for the stock.

Category

Gold

Sentiment

Bullish

Event

Earnings report

Reading time

1 min