Alkane Delivers Profit After Tax of A$33 Million for FY2025
Alkane Resources (OTCQX:ALKEF) reported strong financial results for FY2025, with a profit after tax of A$33 million, representing an 87% increase from the previous year. The company's gold production reached 70,120 ounces, up 23% year-over-year, with an all-in sustaining cost of A$2,561 per ounce.
Gold revenue surged 52% to A$262.4 million, driven by increased production and a 25% higher average sale price of A$3,770 per ounce. The company maintained a strong financial position with A$60.3 million in total assets, including cash, bullion, and listed investments.
Post-year-end, Alkane completed a strategic "merger of equals" with Mandalay Resources Corporation, positioning the company for enhanced production and growth opportunities in the upcoming fiscal year.
Alkane Resources (OTCQX:ALKEF) ha pubblicato solidi risultati per l'esercizio 2025, segnando un utile netto di A$33 milioni, in aumento dell'87% rispetto all'anno precedente. La produzione d'oro 猫 salita a 70.120 once, +23% su base annua, con un costo totale sostenibile per oncia di A$2.561.
I ricavi dall'oro sono cresciuti del 52% raggiungendo A$262,4 milioni, sostenuti da una produzione maggiore e da un prezzo di vendita medio superiore del 25%, pari a A$3.770 per oncia. L'azienda ha conservato una solida posizione finanziaria con A$60,3 milioni in attivit脿 totali, comprensive di contanti, lingotti e investimenti quotati.
Successivamente alla chiusura dell'esercizio, Alkane ha completato una strategica fusione paritetica con Mandalay Resources Corporation, rafforzando le prospettive di produzione e crescita per il prossimo anno fiscale.
Alkane Resources (OTCQX:ALKEF) present贸 s贸lidos resultados para el ejercicio 2025, con un beneficio neto de A$33 millones, un aumento del 87% respecto al a帽o anterior. La producci贸n de oro alcanz贸 las 70.120 onzas, un 23% m谩s interanual, con un costo total sostenible por onza de A$2.561.
Los ingresos por oro se dispararon un 52% hasta A$262,4 millones, impulsados por la mayor producci贸n y un precio medio de venta un 25% superior, de A$3.770 por onza. La compa帽铆a mantuvo una posici贸n financiera s贸lida con A$60,3 millones en activos totales, incluyendo efectivo, lingotes e inversiones cotizadas.
Tras el cierre del ejercicio, Alkane complet贸 una fusi贸n estrat茅gica de iguales con Mandalay Resources Corporation, posicion谩ndose para mayores oportunidades de producci贸n y crecimiento en el pr贸ximo ejercicio fiscal.
Alkane Resources (OTCQX:ALKEF)電� 2025 須岅硠鞐半弰鞐� 瓴嫟頃� 鞁れ爜鞚� 氚滍憸頄堨溂氅�, 氩曥澑靹� 頉� 鞚挫澋 A$33氚彪鞚� 旮半頃� 鞝勲厔 雽�牍� 87% 歃濌皜頄堨姷雼堧嫟. 旮� 靸濎偘霟夓潃 70,120鞓姢搿� 鞝勲厔 雽�牍� 23% 歃濌皜頄堨溂氅�, 鞓姢雼� 齑濎靻嶋箘鞖�(All-in sustaining cost)鞚� A$2,561鞓�鞀惦媹雼�.
旮� 毵れ稖鞚� 靸濎偘霟� 頇曤寑鞕� 韽夑窢 韺愲Г臧�瓴�(A$3,770/鞓姢)鞚� 25% 靸侅姽鞐� 頌橃瀰鞏� 52% 歃濌皜頃橃棳 A$262.4氚彪鞚� 旮半頄堨姷雼堧嫟. 須岇偓電� 順勱笀, 旮堦创, 靸侅灔韴瀽毳� 韽暔頃� 齑� 鞛愳偘 A$60.3氚彪鞙茧 瓴“頃� 鞛 靸來儨毳� 鞙犾頄堨姷雼堧嫟.
須岅硠鞐半弰 膦呺 頉� Alkane鞚� Mandalay Resources Corporation瓿检潣 鞝勲灥鞝� 鈥橂彊霌� 頃╇硲(merger of equals)鈥欖潉 毵堧毽晿鞐� 頄ロ泟 須岅硠鞐半弰鞐� 靸濎偘 氚� 靹膘灔 旮绊殞毳� 頇曤寑頃� 旮半皹鞚� 毵堧牗頄堨姷雼堧嫟.
Alkane Resources (OTCQX:ALKEF) a publi茅 de solides r茅sultats pour l'exercice 2025, affichant un r茅sultat net apr猫s imp么ts de A$33 millions, soit une hausse de 87% par rapport 脿 l'ann茅e pr茅c茅dente. La production d'or a atteint 70 120 onces, en hausse de 23% sur un an, avec un co没t all-in sustaining de A$2 561 par once.
Les revenus aurif猫res ont bondi de 52% pour atteindre A$262,4 millions, soutenus par une production plus 茅lev茅e et un prix de vente moyen sup茅rieur de 25%, 脿 A$3 770 par once. La soci茅t茅 a conserv茅 une position financi猫re solide avec A$60,3 millions d'actifs totaux, incluant liquidit茅s, lingots et investissements cot茅s.
Apr猫s la cl么ture de l'exercice, Alkane a finalis茅 une 芦 merger of equals 禄 strat茅gique avec Mandalay Resources Corporation, se positionnant pour accro卯tre sa production et ses opportunit茅s de croissance au cours du prochain exercice.
Alkane Resources (OTCQX:ALKEF) verzeichnete f眉r das Gesch盲ftsjahr 2025 starke Ergebnisse mit einem Nachsteuergewinn von A$33 Millionen, ein Anstieg von 87% gegen眉ber dem Vorjahr. Die Goldproduktion belief sich auf 70.120 Unzen, ein Plus von 23% gegen眉ber dem Vorjahr, bei einem All-in-sustaining-Kostenaufwand von A$2.561 pro Unze.
Die Golderl枚se stiegen um 52% auf A$262,4 Millionen, getrieben durch h枚here Produktion und einen um 25% h枚heren durchschnittlichen Verkaufspreis von A$3.770 pro Unze. Das Unternehmen hielt eine starke Finanzposition mit A$60,3 Millionen an Gesamtverm枚gen, einschlie脽lich Bargeld, Barren und b枚rsennotierten Investments.
Nach dem Bilanzstichtag schloss Alkane eine strategische 鈥濵erger of Equals鈥� mit Mandalay Resources Corporation ab und positioniert sich damit f眉r gesteigerte Produktions- und Wachstumschancen im kommenden Gesch盲ftsjahr.
- Profit after tax increased by 87% to A$33 million
- Gold revenue grew 52% to A$262.4 million
- Gold production increased 23% to 70,120 ounces
- Average gold sale price improved 25% to A$3,770/oz
- Strong balance sheet with A$60.3 million in total assets
- Strategic merger with Mandalay Resources completed
- High capital growth spending impacted yearly results
- All-in sustaining cost remained elevated at A$2,561 per ounce
PERTH, Australia, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Alkane Resources Limited (ASX:ALK; TSX:ALK; OTCQX:ALKEF) (鈥楢lkane鈥� or 鈥榯he Company鈥�) results for the year ended 30 June 2025 are attached. The table below is a summary of the financial results:
| 听 | June 2025 (础$鈥�000) | June 2024 (础$鈥�000) | Change (础$鈥�000) | Change % |
| Gold revenue | 262,362 | 172,991 | 89,371 | |
| Gold production (ounces) | 70,120 | 57,217 | 12,903 | |
| Gold sales (ounces) | 69,774 | 57,592 | 12,182 | |
| Sale price (A$/oz) | 3,770 | 3,004 | 766 | |
| Tomingley profit before tax | 60,934 | 33,123 | 27,811 | |
| Company profit after tax | 33,043 | 17,677 | 15,366 |
Alkane had a profitable year while operating the Roswell underground deposit. The increase in the gold produced reflects higher grade ore and recoveries via the fine grind circuit upgrade. This resulted in gold produced of 70,120 ounces and at an all-in sustaining cost (AISC) of A
As at 30 June 2025 the company鈥檚 cash, bullion and listed investments totaled A
Post year end, Alkane resources Limited (ASX:ALK) and Mandalay Resources Corporation (TSX:MND) shareholders both voted to approve the 鈥渕erger of equals鈥� between the two companies which was effective from the 5th August 2025.
Alkane Managing Director, Nic Earner, said: 鈥�Alkane鈥檚 profit comes in year that included high capital growth spending at Tomingley to increase recoveries and extend the mine life. With the merger with Mandalay completed post financial year end we are well positioned for the upcoming financial year for both production and growth.
鈥淎lkane鈥檚 Board and management acknowledge and thank the employees and contractors of the Company for their strong and continued commitment to safety, production and exploration performance.鈥�
This document has been authorised for release to the market by Nic Earner, Managing Director & CEO.
Disclaimer
Nothing in this report should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities.
This report contains certain forward-looking statements and forecasts, including possible or assumed reserves and resources, production levels and rates, costs, prices, future performance or potential growth of the Company, growth or other trend projections. These statements are based on expectations as at the date of the report. Forward-looking statements inherently involve known and unknown risks, uncertainties and other factors outside of Alkane鈥檚 control and actual results, performance and achievements may differ materially from those expressed or implied from these forward-looking statements depending on a variety of factors. Alkane makes no representation, assurance or guarantee as to the accuracy or likelihood or fulfilment of any forward-looking statement or any outcomes expressed or implied in any forward-looking statement. You should not put undue reliance on forward-looking statements.
ABOUT ALKANE 鈥� 鈥� ASX:ALK | TSX: ALK | OTCQX: ALKEF
Alkane Resources (ASX:ALK; TSX:ALK; OTCQX:ALKEF) is an Australia-based gold and antimony producer with a portfolio of three operating mines across Australia and Sweden. The Company has a strong balance sheet and is positioned for further growth.
Alkane鈥檚 wholly owned producing assets are the Tomingley open pit and underground gold mine southwest of Dubbo in Central West New South Wales, the Costerfield gold and antimony underground mining operation northeast of Heathcote in Central Victoria, and the 叠箩枚谤办诲补濒 underground gold mine northwest of Skellefte氓 in Sweden (approximately 750km north of Stockholm). Ongoing near-mine regional exploration continues to grow resources at all three operations.
Alkane also owns the very large gold-copper porphyry Boda-Kaiser Project in Central West New South Wales and has outlined an economic development pathway in a Scoping Study. The Company has ongoing exploration within the surrounding Northern Molong Porphyry Project and is confident of further enhancing eastern Australia鈥檚 reputation as a significant gold, copper and antimony production region.
CONTACT: NIC EARNER, MANAGING DIRECTOR & CEO, ALKANE RESOURCES LTD, TEL +61 8 9227 5677
INVESTORS & MEDIA: NATALIE CHAPMAN, CORPORATE COMMUNICATIONS MANAGER, TEL +61 418 642 556
FAQ
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