Gold Miner Alkane Banks Record $93m Profit on High Gold Prices

Alkane's 'power of three' drives record profits

Image: RomanR/shutterstock.comAlkane Resources has posted the strongest quarterly result in its history, delivering a record net profit of $93 million for the March 2026 quarter on the back of soaring gold and antimony prices. Quarterly revenue climbed to $274 million from sales of 43,373 gold equivalent ounces, supported by an average realised gold price of $6315 per ounce and antimony prices of $34,394 per tonne. “Alkane has just delivered the…

Alkane shares surge on record profit

Image: Catifo/stock.adobe.comAlkane Resources shares have risen more than six per cent in the past week and 54 per cent in six months after the company posted a record $93 million quarterly profit. The miner delivered its strongest quarterly result to date for the March quarter, buoyed by elevated gold and antimony prices and contributions from its expanded three-mine portfolio. Quarterly revenue climbed to $274 million from sales of 43,373 gold…

Gold miner Alkane banks record $93m profit on high gold prices

Record Q3 revenue of $274m and EBITDA of $161m underpin Alkane’s $93m profit and $374m cash, bullion and investments. See full Q3 2026 breakdown.

Alkane Resources (ASX:ALK) just clocked a record A$93m quarterly profit!

Alkane’s result shows the Mandalay merger is now paying for itself! Alkane Resources (ASX:ALK) has just delivered the strongest quarter in its history, posting a record A$93 million net profit on A$274 million of revenue for the three months to 31 March 2026. The headline numbers are the kind small-cap gold producers rarely string together. Gold equivalent production hit a record 45,776 ounces, EBITDA came in at A$161 million, and operating cash…