Alkane Announces Financial Year 2026 Guidance

Core Viewpoint - Alkane Resources Limited has provided production, cost, and growth guidance for FY2026, following the completion of its merger with Mandalay Resources, indicating a strong outlook for its operations in Australia and Sweden [1][3][5]. Production Guidance - The Group Guidance for FY2026 is set at 160,000 to 175,000 AuEq ounces with an All-in Sustaining Cost (AISC) of A$2,600 to A$2,900 per AuEq ounce [2][5]. - The Attributable Guidance, reflecting production from Costerfield and Björkdal post-merger, is projected at 155,000 to 168,000 AuEq ounces [3][12]. Cost Guidance - AISC for individual mines is estimated as follows: - Tomingley: A$2,300 to A$2,550 - Costerfield: A$2,400 to A$2,650 - Björkdal: A$4,050 to A$4,450 - Consolidated AISC: A$2,600 to A$2,900 [7][12]. Growth and Exploration Expenditures - Total growth and exploration capital expenditures for FY2026 are projected to be between A$81 million and A$91 million [9]. - Breakdown of expenditures: - Tomingley: A$47 million to A$52 million - Costerfield: A$27 million to A$31 million - Björkdal: A$7 million to A$8 million [9][10]. Operational Focus - Tomingley will focus on the Roswell deposit, Costerfield on the Youle and Shepherd zones, and Björkdal on the Main and Lake zones for production in FY2026 [6][10]. - Exploration efforts will target reserve growth at various zones across all three mines [10][11]. Future Outlook - The company aims for significant year-over-year growth, supported by a robust cash position and disciplined cost management [5][14]. - The upcoming Annual Resources and Reserves Statement is being prepared and will be released soon [13].