Alkane Resources reports record FY26 profit and declares maiden dividend

Alkane Resources Limited has reported record financial results for the 2026 fiscal year, following its transformational merger with Mandalay Resources Corporation. The company achieved a net profit after tax of A$228.7 million, representing a 592% increase compared to the previous year. Revenue rose by 257% to A$935.8 million.

Driven by record gold production of 168,337 gold equivalent ounces and higher realized gold prices, the company has declared its maiden fully franked final dividend of 2.0 cents per share. Additionally, Alkane has approved an on-market share buy-back program of up to $50 million to be executed over the next 12 months.