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How Did Alkane Resources Double Production After Mandalay Buyout?
7:02am on Friday 14th of November, 2025 AEDT
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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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ALKANE RESOURCES (ASX:ALK)
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