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How Did Alkane Resources Double Production After Mandalay Buyout?

7:02am on Friday 14th of November, 2025 AEDT Mining
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How Did Alkane Resources Double Production After Mandalay Buyout?

7:02am on Friday 14th of November, 2025 AEDT
Key Points
  • Gold equivalent production rises to 30,511 ounces in Q1 FY2026
  • Revenue nearly doubles to $147.2 million post-acquisition
  • Operating costs increase due to expanded operations and acquisition accounting
  • Free cash flow turns positive at $17 million despite acquisition costs
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