Alkane Resources reported gold-equivalent production of 40,740 AuEq oz for the September 2026 quarter (Q1 FY27) at an AISC of $2,805/AuEq oz, below its full-year cost guidance range. Sales of 38,348 ounces brought in revenue of $206 million at an average gold price of $5,128/oz, and mine operating cash flow was $102 million. The company closed the quarter with $440 million in cash and bullion, or $459 million including listed investments, after paying its maiden fully franked dividend of 2 cents per share. It reaffirmed FY27 production guidance of 163-177koz gold equivalent at an AISC of $2,900-$3,200 per ounce, expects FY26 final income tax payments of $55-60 million in the December quarter, and approved a $50 million buyback in September 2026.
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- Alkane Resources - Quarterly Report - September 2026
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.
- September 2026 Quarterly Results
Westgold Resources (ASX/TSX: WGX) reported Q1 FY27 results for the quarter to 30 September 2026, with gold production of 98.4koz at an AISC of A$2,912/oz, versus 98.9koz at A$2,802/oz in Q4 FY26, and no lost time injuries. Cash, bullion and liquid investments rose A$101M to A$1,040M, with mine operating cash flow of A$292M and an underlying Treasury build of A$251M; the company remains debt-free and unhedged. Group Ore Reserves increased 41% to 4.1Moz, and A$22M of shares were bought back during the quarter under a A$50M FY27 program. A revised policy sets a minimum annual return of 3 cents per share, including a 2 cent fully franked dividend. Westgold remains on track for FY27 guidance of 385–425koz and targets around 500koz by FY29.
- September 2026 Quarterly Results
Westgold Resources (ASX: WGX) reported Q1 FY27 gold production of 98.4koz at an AISC of A$2,912/oz, while mine ore stockpiles rose 51% to 696kt to support continuity through maintenance and wet weather. The AISC margin reached A$3,117/oz, with mine operating cash flow of A$292M and Treasury up A$101M to A$1,040M, and the company remains debt free and fully unhedged. Group Ore Reserves rose 41% to 4.1Moz, and Westgold remains on track for FY27 guidance of 385–425koz. Total capital returns in FY26 were A$122M, including A$95M in dividends and A$27M in buy-backs; A$22M of shares were bought back in Q1 under a A$50M program, and a new policy sets a minimum annual return of 3 cents per share.
- Alkane Resources Limited : Alkane Resources - Quarterly Report
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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- Barrick Mining (B) Earnings Rose 50%, but Is Cash Flow Keeping Up?
Barrick Mining (NYSE: B) reports third-quarter results early next month. Its second-quarter net earnings rose 50% year on year to $1.22 billion, helped by higher gold and copper prices, but attributable free cash flow fell to $141 million from $212 million a year earlier. The company returned $1.50 billion to shareholders in the quarter, more than the cash it had left after spending, while project spending rose 49% and all-in sustaining costs for gold climbed 11%. Cash fell from the end of March but still exceeds debt, and its dividend policy aims to pay about half of attributable free cash flow. An agreement with Newmont to expand the Nevada Gold Mines complex brings Barrick a $1.95 billion cash payment and supports an IPO of its North American gold assets expected by year end, subject to market conditions.
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