From Financialpost · · 1m 10s
Alkane Reports Q1 FY27 Gold Production
Alkane's Q1 FY27 gold production hits 40,740 AuEq oz with $440m cash and bullion.
In brief
Alkane's Q1 FY27 gold production hits 40,740 AuEq oz with $440m cash and bullion. Alkane reported Q1 FY27 gold production of 40,740 AuEq ounces, $440 million cash and bullion, and $24 million dividend payment. Originally reported by Financialpost.
Q1 FY27 Gold Production
Alkane reported quarterly gold production of 40,740 AuEq ounces, comprised of 21,506 ounces from Tomingley, 7,835 ounces from Costerfield, and 10,482 ounces from Björkdal.
Cash & Bullion Balance
Alkane holds $440 million in cash and bullion, with pro forma liquidity of $550 million including an undrawn $110 million credit facility.
Dividend Payment
Alkane made a $24 million maiden dividend payment to shareholders, with $3 million allocated for TSX shareholders.
Q1 FY27 Financial Highlights
Tax payments totaled $13 million, and sales of 37,950 ounces of gold and 172 tonnes of antimony were completed.
FY27 Guidance
Alkane reiterates FY27 guidance for gold production between 163-177 ounces, with AISC costs ranging from $2,600 to $3,200 per ounce.
Upcoming Commentary
Alkane will host a conference call and webcast on Friday, 23 October 2026 to discuss Q1 FY27 results in detail.
What matters most
Alkane reported Q1 FY27 gold production of 40,740 AuEq ounces, $440 million cash and bullion, and $24 million dividend payment.
