ASX stock Alkane Resources on a growth path
Alkane Resources Limited has surged over 14% year-to-date led by an impressive December 2025 quarterly production update and focus has now shifted to the company’s next growth drivers across its gold and antimony portfolio.
Alkane Resources Limited (ASX: ALK)
on 8 January 2026 announced an excellent December 2025 quarter result as gold equivalent production reached 43,663 ounces delivered across its Tomingley, Costerfield and Bjorkdal operations.
The company reported cash, bullion and listed investments of $246 million as at 31 December 2025 which represents a $55 million increase quarter-on-quarter.
Quarterly sales amounted to 42,709 ounces of gold and 409 tonnes of antimony which highlights the rising contribution of antimony to overall group revenue.
FY26 group production guidance is unchanged at 160,000 to 175,000 AuEq ounces at an AISC range of $2,600 to $2,900 per AuEq ounce.
The company has a market capitalisation of $2.11 billion and is debt free apart from $22 million in equipment finance which will help to fund ongoing operations and growth initiatives.
Costerfield is a key strategic asset as it is one of the highest-grade gold-antimony mines in the world which positions Alkane as a critical supplier of antimony outside China.
The company continues to invest in organic growth with near-mine exploration underway across all operating assets which is focused on extending mine life and improving grades including recent drilling success at Tomingley.
The Boda–Kaiser copper-gold project represents a transformational growth opportunity which hosts a significant resource supported by a scoping study outlining a long-life and large-scale operation.
The stock has delivered a 218% return over the past 12 months and company is positioning itself as a mid-tier producer with leverage to gold, exposure to critical minerals and a clear pathway to both near-term operational improvement and long-term development upside.
(Source: Company Announcements)
Get Your Free Report on Top 5 ASX Stocks on WhatsApp
Instant Access. No Credit Card Required.
Receive on WhatsApp
Checkout Our Recommendation for free - 7 days free trial
Start Free TrialASX Stock Research & Recommendations — 7‑day free trial
Independent, analyst‑driven insights.
- Stock of the week report
- Daily Analysis Report
- No credit card required
Get Your FREE Report
Discover the Top ASX Stocks to Invest In 2026!
Expert Analysis of Top-Performing ASX Stocks
Market Insights and In-Depth Research
Buy, Sell, And Hold Recommendations
Almost There!
Enter your details to download the report
Success!
Preparing your download...
Latest Article
Disclaimer
Veye Pty Ltd(ABN 58 623 120 865), holds (AFSL No. 523157 ). All information provided by Veye Pty Ltd through its website, reports, and newsletters is general financial product advice only and should not be considered a personal recommendation to buy or sell any asset or security. Before acting on the advice, you should consider whether it’s appropriate to you, in light of your objectives, financial situation, or needs. You should look at the Product Disclosure Statement or other offer document associated with the security or product before making a decision on acquiring the security or product. You can refer to our Terms & Conditions and Financial Services Guide for more information. Any recommendation contained herein may not be suitable for all investors as it does not take into account your personal financial needs or investment objectives. Although Veye takes the utmost care to ensure accuracy of the content and that the information is gathered and processed from reliable resources, we strongly recommend that you seek professional advice from your financial advisor or stockbroker before making any investment decision based on any of our recommendations. All the information we share represents our views on the date of publishing as stocks are subject to real time changes and therefore may change without notice. Please remember that investments can go up and down and past performance is not necessarily indicative of future returns. We request our readers not to interpret our reports as direct recommendations. To the extent permitted by law, Veye Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss, or data corruption) (as mentioned on the website www.veye.com.au), and confirms that the employees and/or associates of Veye Pty Ltd do not hold positions in any of the financial products covered on the website on the date of publishing this report. Veye Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services.