Alkane Resources produced 40,740 gold-equivalent ounces in the first quarter of FY27 at an AISC of $2,805 per AuEq oz. Revenue was $206 million from sales of 38,348 ounces at an average gold price of $5,128/oz, down from $257 million in Q4 FY26. Mine operating cash flow was $102 million, and cash and bullion stood at $440 million ($459 million including listed investments) after $13 million of income tax payments. The company paid its maiden fully franked dividend of 2 cents per share, and its board approved a $50 million buyback in September 2026. It reaffirmed FY27 production guidance of 163-177koz gold equivalent at an AISC of $2,900-$3,200 per ounce, and expects final FY26 income tax payments of $55-60 million in the December quarter.
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Alkane Resources' quarterly report for the September 2026 quarter (Q1 FY27) shows gold-equivalent production of 40,740 AuEq oz at an AISC of $2,805/AuEq oz, with mine operating cash flow of $102 million and gold-equivalent sales of 38,348 oz generating $206 million in revenue at an average gold price of $5,128/oz. The company reaffirmed FY27 production guidance of 163-177koz gold equivalent at an AISC of $2,900-$3,200 per ounce. Cash, bullion and listed investments totalled $459 million after $13 million in income tax payments, with final FY26 income tax payments of $55-60 million expected in the December quarter. Alkane paid its maiden fully franked dividend of 2 cents per share and approved a $50 million buyback in September 2026. CEO Nic Earner said AISC came in below the full-year cost guidance range.
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