Alkane Resources Limited
Other OTCCapital Structure
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in mil. unless spec.Company Description
- CEO
- Nicolas Paul Earner
- Full Time Employees
- 105
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 66 Kings Park Road West Perth WA Australia 6005
- IPO Date
- Feb 13, 2007
- Website
- alkane.com.au
- Similar Companies
- Business
- Alkane Resources Limited (ASX:ALK; TSX:ALK; OTCQX:ALKEF) operates as an Australia-based gold, antimony, and copper producer with producing assets and major development projects in Australia and Sweden; its wholly owned operations include the Tomingley Gold Operations, an open pit and underground gold mine southwest of Dubbo in Central West New South Wales producing approximately 60,000-70,000 ounces of gold annually; the Costerfield gold and antimony underground mining operation northeast of Heathcote in central Victoria featuring deposits such as Cuffley, Brunswick, Youle, and Shepherd; and the Björkdal underground gold mine northwest of Skellefteå in Sweden with ongoing east extension exploration; the company also owns the Boda-Kaiser gold-copper porphyry project north of Wellington in Central West New South Wales supported by a combined mineral resource of 8.3 million ounces of gold and 1.5 million tonnes of copper, alongside highly prospective gold and copper tenements including the Northern Molong Porphyry Project and near-mine regional exploration programs to grow resources. Founded in 1969 and headquartered in West Perth, Western Australia, Alkane sustains ongoing exploration and development across its portfolio targeting consistent production, cash generation, and resource expansion in premier mining jurisdictions. In August 2025, Alkane completed a merger of equals with Canada-based Mandalay Resources, creating a diversified producer with three operating mines, a proforma cash balance exceeding A$188 million, enhanced scale, liquidity, and financial strength to pursue organic growth, inorganic opportunities such as acquisitions, and advancement of the Boda-Kaiser project potentially through joint ventures. The merger integrates Mandalay's established Costerfield and Björkdal assets with Tomingley's ramp-up post-capital expansion, positioning the combined entity for valuation re-rating aligned with ASX peers and long-term strategy updates including consolidation in gold, antimony, and complementary metals.
Company News
Alkane Resources extends Nagambie gold-antimony system
Alkane Drilling Confirms and Extends Gold-Antimony Mineral System at Nagambie, Victoria
Deep Drilling Intersects Epithermal Mineralisation 1 km Below Proprietary Pit at Peak Hill
Alkane Resources extends Peak Hill gold system to 1-kilometre depth
Alkane Resources produces 40,740 gold equivalent ounces in September quarter, closes with $440 million cash and bullion
September 2026 Quarter Production Update
Alkane Resources grows FY26 resource base as producing mines replace depletion
Oklo shares slide after company launches new $1B stock offering
Group Resources & Reserves Statement FY26
AGM Date and Director Nominations
PayPal shares slide as Stripe and Advent abandon reported $50B+ takeover pursuit
Alkane Resources uncovers new high-grade gold-antimony domain at Costerfield
New High-Grade Domain Discovered at Cuffley
Appointment of Non-Executive Directors
Maiden Final Dividend Declared for FY26 and On-Market Share Buy-Back Approved
Record FY26 Net Profit After Tax of A$228.7 Million (up 590%)
Alkane Resources advances Storheden towards potential 2029 production - ICYMI
Alkane Resources: Dirt-Cheap Ounces In Top-Ranked Jurisdictions
Chip selloff overblown, UBS says, downplaying "circular financing" fears
Alkane Resources lifts Storheden gold resource to 212,000 ounces as high-grade drilling expands growth case