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Alkane Resources Doubles Profit, Completes Mandalay Merger—What’s Next?
9:53pm on Friday 29th of August, 2025 AEST
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Mining
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Alkane Resources Doubles Profit, Completes Mandalay Merger—What’s Next?
9:53pm on Friday 29th of August, 2025 AEST
Key Points
Profit after tax rises 87% to A$33 million
Gold production up 23% to 70,120 ounces at AISC of A$2,561/oz
Merger with Mandalay Resources effective 5 August 2025
Strong balance sheet with A$60.3 million in cash, bullion, and investments
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Alkane Resources (ASX:ALK)
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