Alkane Resources Limited has proposed a maiden fully franked dividend of 2 cents per share for FY26, following a year of record production and cashflow. The company reported FY26 gold equivalent production of 168,337 ounces at an All-In Sustaining Cost (AISC) of $2,925 per ounce, placing full-year production in the top half of guidance. Alkane closed the quarter with cash, bullion and listed investments of $454 million, after generating $174 million in site operating cashflow during Q4 FY26.

Operational Performance

Group gold equivalent production for Q4 FY26 was 42,491 ounces at an AISC of $3,011 per ounce. The company processed 693,607 tonnes of ore at an average gold grade of 2.07g/t, producing 40,949 ounces of gold and 456 tonnes of antimony. Production during the quarter was lower than Q3 FY26 due to planned grade variation across the group.

Financial Results

Gold equivalent sales for the quarter totalled 47,411 ounces, generating revenue of $257 million at an average realised gold price of $5,442 per ounce and an average realised antimony price of $24,276 per tonne. The decrease in revenue compared to the previous quarter was primarily due to a lower realised gold price. Group AISC for the quarter was higher than Q3 FY26, driven by overall lower feed grades and externally influenced price increases, which pushed the FY26 AISC just above the top end of guidance.

Total capital expenditure during Q4 FY26 was $52 million, comprising sustaining capital of approximately $21 million, growth capital of approximately $20 million and exploration expenditure of approximately $11 million.

Outlook

The company has provided FY27 production guidance of 163-177koz gold equivalent at an AISC of $2,900-$3,200 per ounce. Group exploration expenditure is expected to be between $55 million and $65 million, while group growth capital is anticipated to range from $160 million to $190 million. Key growth projects include the Newell Highway diversion at Tomingley, the development of Brunswick South at Costerfield, and development at Storheden and tailings dam expansion at Björkdal.

The proposed dividend remains subject to completion of the audit, satisfaction of section 254T dividend tests under the Corporations Act, and final Board confirmation.

Alkane Resources Limited will release its Q4 FY2026 operating and financial results on July 21, 2026. The announcement will be followed by a conference call and webcast hosted by Managing Director & CEO Nic Earner and CFO James Carter to discuss the performance. The event provides investors with an opportunity to review the company’s operational progress and financial health for the quarter.

The conference call and webcast are scheduled for different time zones to accommodate global investors. In Perth, Western Australia, the event will take place at 7:00am AWST on Tuesday, 21 July 2026. For participants in Toronto, Canada, the session will be held at 7:00pm EDT on Monday, 20 July 2026.

Registration for the conference call is available online, and the webcast can be accessed via a dedicated link. Presentation slides will be published on the company’s website, and a replay of the webcast will be made available for those unable to attend the live session. Investors may also submit questions in advance via email.

Alkane Resources is an Australia-based gold and antimony producer with three operating mines across Australia and Sweden. Its wholly owned assets include the Tomingley open pit and underground gold mine in New South Wales, the Costerfield gold and antimony mine in Victoria, and the Björkdal underground gold mine in Sweden. The company also owns the Boda-Kaiser Project, a large gold-copper porphyry project in Central West New South Wales.

The company continues to focus on near-mine regional exploration to grow resources at its operations. Alkane’s strong balance sheet and ongoing exploration activities position it for further growth in the gold, copper, and antimony production sectors.