- Last 2026-11-06
- A$1.725
- 1D
- —
- 1M
- —
- YTD
- —
- 1Y
- —
- Fair value
- Locked: sign in to view
- Upside
- Locked: sign in to view
- Mkt cap
- A$2.4B
- EV
- A$1.9B
- Cash
- A$431.9M
- Debt
- A$16M
4 newer ASX announcements not yet reflected in this valuation
- 2026 AGM PresentationLatest Operating Presentation
- Company Secretary UpdatePost Annual Leadership Change
- Q1 FY27 Earnings Conference Call PresentationLatest Four Activities Reports
- Quarterly Report - September 2026Latest Four Activities Reports
Investment view
Rating locked: sign in to viewOur rating, thesis and what the price implies are available to subscribers.
Sign in or enter a guest codeAnnouncements
Latest 12 of 12All sources ▸- September 2026 Quarter Production UpdateOperations
- Annual Report to shareholdersResults
- FY26 Financial Results and DividendResults
- FY26 Production Delivered, Record Cash, Dividend ProposedOperations
- Quarterly Activity ReportResults
- March 2026 Quarter Production UpdateResults
- Amendment - Auditor Independence DeclarationResults
- Q2 FY 2026 Earnings Conference CallResults
- Q2 & H1 FY2026 Record Operating & Record Financial ResultsResults
- Half Year Financial Accounts & Appendix 4DResults
- Quarterly Activity ReportResults
- Q1 FY2026 Earnings PresentationResults
Event calendar · next 12 months
4 events| Timing | Event | Category | Confidence | Materiality | Investor relevance |
|---|---|---|---|---|---|
| FY27; project-specific completion dates not confirmed | FY27 mine-life extensions and development programme | Construction Or Commissioning | Company Guided | High | A$160-190m group growth capital must translate into sustainable grade, mine access and production. |
| Later calendar 2026 as guided; no construction start implied | Boda-Kaiser Gateway application assessment | Permitting | Company Guided | Medium | Planning and baseline progress reduces a development gate but does not fund the A$1.78bn study case. |
| Calendar 2026 expectation | Majority of Lupin closure obligations expected complete | Other | Company Guided | Medium | Closure cash use and residual security releases can affect corporate liquidity. |
| 23 October 2026 | September quarter activities report and investor call | Results | Confirmed | High | Full cost and cash breakdown can confirm or challenge FY27 growth reinvestment and gold-only margins. |
Executive roster
As of 2026-10-02Background checks ▸Current senior executives and joint company secretaries disclosed in annual pages 2 and 125; former executives/directors omitted from current roster.
| Executive | Title | Normalized role | Appointed | Sources |
|---|---|---|---|---|
| Nicholas Earner | Managing Director · Chief Executive Officer | Executive Director · Chief Executive | — | Annual Report to shareholders |
| James Carter | Chief Financial Officer | Finance | — | Annual Report to shareholders |
| Simon Parsons | Chief Operations Officer | Operations | 2026-01-14 | Annual Report to shareholders |
| Chris Davis | Chief Geologist | Technical | 2025-09-01 | Annual Report to shareholders |
| Richard Steenhof | General Counsel · Company Secretary | Company Secretary · Senior Management | 2026-04-02 | Annual Report to shareholders |
| Julia Beckett | Company Secretary | Company Secretary | — | Annual Report to shareholders |
devCoverage status: Complete As Disclosed
Portfolio detail
Assets
Core asset
Tomingley Gold Operations
Australia
Owned by issuer subsidiaries; status as disclosed at cutoff.
- Production annualised (attributable)
- 86.0k ozd
- Production (last FY, 100%)
- 83.0k oz
- AISC (latest quarter)
- A$2,429/oz
- AISC margin at spot
- 58.5%m
- Delivery vs guidance
- NM
- Reserve life
- 7.7 yrsd
- Head grade
- 2.33 g/t
Project location
Approximate location
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Resources & reserves3
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | measured_indicated | 17.3M t ore | 2.1 g/t Au | Gold | 2026-06-30 |
| Mineral Resource | inferred | 3.5M t ore | 1.7 g/t Au | Gold | 2026-06-30 |
| Ore Reserve | proved_probable | 11.4M t ore | 1.7 g/t Au | Gold | 2026-06-30 |
Permits & approvals1
| Permit | Jurisdiction | Status | Expiry | Critical path |
|---|---|---|---|---|
| Tomingley Gold Extension approval (2023) | NSW Australia | Granted | — | No |
Core asset
Costerfield Gold-Antimony Mine
Australia
Owned by issuer subsidiaries; status as disclosed at cutoff.
- Production annualised (attributable)
- 31.3k ozd
- Production (last FY, 100%)
- 37.1k oz
- AISC (latest quarter)
- NM
- AISC margin at spot
- —
- Delivery vs guidance
- NM
- Reserve life
- 4.6 yrsd
- Head grade
- 9.72 g/t
Project location
Approximate location
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Resources & reserves3
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | measured_indicated | 2M t ore | 6.0 g/t Au | Gold · Others | 2026-06-30 |
| Mineral Resource | inferred | 969K t ore | 3.6 g/t Au | Gold · Others | 2026-06-30 |
| Ore Reserve | proved_probable | 960K t ore | 5.5 g/t Au | Gold · Others | 2026-06-30 |
Core asset
Björkdal Gold Mine
Sweden
Owned by issuer subsidiaries; status as disclosed at cutoff.
- Production annualised (attributable)
- 41.9k ozd
- Production (last FY, 100%)
- 38.2k oz
- AISC (latest quarter)
- A$3,979/oz
- AISC margin at spot
- 32.1%m
- Delivery vs guidance
- NM
- Reserve life
- 14.7 yrsd
- Head grade
- 1.16 g/t
Project location
Approximate location
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Resources & reserves3
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | measured_indicated | 22.5M t ore | 2.07 g/t Au | Gold | 2026-06-30 |
| Mineral Resource | inferred | 12.1M t ore | 1.57 g/t Au | Gold | 2026-06-30 |
| Ore Reserve | proved_probable | 13.1M t ore | 1.33 g/t Au | Gold | 2026-06-30 |
Material
Boda-Kaiser / Northern Molong Porphyry Project
Australia
100%owned scoping-stage gold-copper option. Future partner route contemplated in study, with no binding financing or sale contract at cutoff.
- Contained metal (attributable)
- 8.3m ozd
- Resource grade
- 0.32 g/td
- % Measured + Indicated
- 67.1%d
- Resource tonnes
- 795.00 Mtd
- Our value per attrib. contained unit
- Locked
- Mining method
- Underground and open pit
Project location
Approximate location
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Pre-tax, real 2024 AUD; operating cost AUD/t ore. Gold 3,500 AUD/oz, copper 15,000 AUD/t; no current-price study rerun.
Resources & reserves2
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | measured_indicated | 537M t ore | 0.32 g/t Au | Gold · Copper | 2026-06-30 |
| Mineral Resource | inferred | 258M t ore | 0.33 g/t Au | Gold · Copper | 2026-06-30 |
Permits & approvals1
| Permit | Jurisdiction | Status | Expiry | Critical path |
|---|---|---|---|---|
| Mining and Petroleum Gateway assessment | NSW Australia | Pending | — | Yes |
Economic studies1
| Study | Stage | Status | Date | Summary |
|---|---|---|---|---|
| Boda-Kaiser 20 Mtpa scoping case | Scoping Study | Reaffirmed | 2024-07-10 | 2024 real AUD, +/-35% accuracy, pre-tax NPV 1,808.5m at 7%; no post-tax NPV or finance commitment. 17-year case; first-five-year gold rate is not LOM annual production. |
Other
Peak Hill Gold Mine
Australia
Owned by issuer subsidiaries; status as disclosed at cutoff.
- Contained metal (attributable)
- 108.0k ozd
- Resource grade
- 3.29 g/td
- % Measured + Indicated
- 0%d
- Resource tonnes
- 1.02 Mtd
- Our value per attrib. contained unit
- Locked
- Mining method
- —
Project location
Approximate location
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Resources & reserves1
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | inferred | 1M t ore | 3.29 g/t Au | Gold | 2026-06-30 |
Other
Nagambie Mine conditional earn-in
Australia
Unexercised conditional earn-in; legal mine title100%Nagambie. Evaluation may be stopped; 60%/80% requires respective source spending. No attributable resource or mine production is booked.
- Ownership
- 0%d
- Commodity
- Aur
- Country
- AUr
- Best recent intercept (grade x width)
- —
- Metres drilled (12M)
- —
- Exploration spend (12M)
- —
Other
Southern Junee, Rockley, Cudal and Mt Conqueror
Australia
Owned by issuer subsidiaries; status as disclosed at cutoff.
- Ownership
- 100%
- Commodity
- Aur
- Country
- AUr
- Best recent intercept (grade x width)
- —
- Metres drilled (12M)
- —
- Exploration spend (12M)
- —
Other
Lupin closure and reclamation
Canada
Final closure and reclamation, majority works expected calendar 2026.
- Nameplate capacity
- —
- Restart capex
- —
- Contained metal (attributable)
- —
- Last production year
- —
- Target restart
- —
Project location
Approximate location
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Other
La Quebrada (divested 18 March 2026)
Chile
Divested18March2026; no further project asset value or recurring cash flows.
- Ownership
- 0%d
- Description
- Divested Chile exploration subsidiary on 18 March 2026
- Book value
- —
d derivedr our researchg guidances study forecastm daily marketNo marker: as reported— / NM missing or not meaningful (hover for why)
Stock database
Other assets
- Investee
- Adavale Resources
- Holding
- —
- Shares held
- —
- Market value
- —
- % of holder's market cap
- —
- Cost basis
- —
- Investee
- Medallion Metals
- Holding
- —
- Shares held
- 30.00m
- Market value
- —
- % of holder's market cap
- —
- Cost basis
- —
- Investee
- Nagambie Resources
- Holding
- —
- Shares held
- 166.70m
- Market value
- —
- % of holder's market cap
- —
- Cost basis
- —
- Investee
- Sky Metals
- Holding
- —
- Shares held
- 9.00m
- Market value
- —
- % of holder's market cap
- —
- Cost basis
- —
Funding, performance and ownership
Financials & Capital
Liquidity
Financial position
Cutoff nominal cash plus readily saleable bullion estimated A$441m (September 440 less October dividend3 plus estimated elapsed net generation4), with A$19m listed shares separately. A$110m RCF not drawn or relied on in model; initial three-year tenor from March 2026 and conditional extensions. Equipment debt16 and dated old tax/closure claims modeled separately.
Inventory composition4
A$90.486m audited inventory at cost includes ore stockpiles, in-circuit, finished goods and consumables. No gross inventory bridge addition. September cash and bullion are combined, so liquid bullion is included once in the cutoff liquid-assets estimate and operating NWC is separately estimated excluding liquid bullion.
- Ore stockpiles
- A$42.9M carrying
- Gold in circuit
- A$6.3M carrying
- Finished goods
- A$16.8M carrying
- Consumable stores
- A$24.4M carrying
Capital structure
Ownership and dilution
- Ordinary shares
- 1.4B
- Fully diluted
- 1.4B
605,541,892 opening ordinary + 759,335,771 merger shares + 917,304 rights vesting + 409,854 employee shares = 1,366,204,821. September 4 shareholder table confirms ordinary count; September 9 unlisted table shows 8,288,957 remaining nil-strike rights. Full vesting denominator 1,374,493,778; no option exercise proceeds. Weighted EPS denominators are not used.
Security classes3
| Class | Type | Quantity | Strike | Expiry |
|---|---|---|---|---|
| Fully paid ordinary shares | Ordinary Share | 1.4B | — | — |
| FY25 performance rights | Performance Right | 4.6M | A$0 | — |
| FY26 performance rights | Performance Right | 3.7M | A$0 | — |
KPI history
Operating metrics · Björkdal Gold Mine
| Metric | Unit | Trend | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|
| Björkdal Gold Mine physical gold production | oz Au | — | — | 9,935 | 10,482 | |
| bjorkdal physical gold production | oz Au | 9,888 | 12,433 | — | — |
KPI history
Operating metrics · Costerfield Gold-Antimony Mine
| Metric | Unit | Trend | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|
| Costerfield Gold-Antimony Mine physical gold production | oz Au | — | — | 10,117 | 7,835 | |
| costerfield physical gold production | oz Au | 10,790 | 10,584 | — | — |
KPI history
Operating metrics · Tomingley Gold Operations
| Metric | Unit | Trend | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|
| Tomingley Gold Operations physical gold production | oz Au | — | — | 20,896 | 21,506 | |
| tomingley physical gold production | oz Au | 22,089 | 21,652 | — | — |
Operating metric source table14
| Metric | Project | Period | Period type | Value | Status |
|---|---|---|---|---|---|
| Tomingley Gold Operations physical gold production | Tomingley | Q1 FY27 | Quarter | 21,506 oz Au | Reported |
| Tomingley Gold Operations physical gold production | Tomingley | Q4 FY26 | Quarter | 20,896 oz Au | Reported |
| Costerfield Gold-Antimony Mine physical gold production | Costerfield | Q1 FY27 | Quarter | 7,835 oz Au | Reported |
| Costerfield Gold-Antimony Mine physical gold production | Costerfield | Q4 FY26 | Quarter | 10,117 oz Au | Reported |
| Björkdal Gold Mine physical gold production | Bjorkdal | Q1 FY27 | Quarter | 10,482 oz Au | Reported |
| Björkdal Gold Mine physical gold production | Bjorkdal | Q4 FY26 | Quarter | 9,935 oz Au | Reported |
| Consolidated statutory AuEq; acquired mines from August 5 | Company | FY26 statutory consolidation | Year | 162,440 oz AuEq | Reported |
| Company-native AuEq AISC; separate from physical-gold costs | Company | FY26 statutory consolidation | Year | 2,907 AUD/oz AuEq | Reported |
| tomingley physical gold production | Tomingley | Q2 FY26 | Quarter | 22,089 oz Au | Reported |
| tomingley physical gold production | Tomingley | Q3 FY26 | Quarter | 21,652 oz Au | Reported |
| costerfield physical gold production | Costerfield | Q2 FY26 | Quarter | 10,790 oz Au | Reported |
| costerfield physical gold production | Costerfield | Q3 FY26 | Quarter | 10,584 oz Au | Reported |
| bjorkdal physical gold production | Bjorkdal | Q2 FY26 | Quarter | 9,888 oz Au | Reported |
| bjorkdal physical gold production | Bjorkdal | Q3 FY26 | Quarter | 12,433 oz Au | Reported |
Company guidance9
| Metric | Project | Period | Low | High | Status |
|---|---|---|---|---|---|
| Production | tomingley | FY27 | 78,000 | 84,000 oz Au | Current |
| AISC | tomingley | FY27 | 2,600 | 2,900 AUD/oz Au | Current |
| Growth CAPEX | tomingley | FY27 | 90,000,000 | 100,000,000 AUD | Current |
| Production | costerfield | FY27 | 44,000 | 48,000 oz AuEq | Current |
| AISC | costerfield | FY27 | 2,700 | 3,000 AUD/oz AuEq | Current |
| Growth CAPEX | costerfield | FY27 | 30,000,000 | 40,000,000 AUD | Current |
| Production | bjorkdal | FY27 | 41,000 | 45,000 oz Au | Current |
| AISC | bjorkdal | FY27 | 3,300 | 3,700 AUD/oz Au | Current |
| Growth CAPEX | bjorkdal | FY27 | 40,000,000 | 50,000,000 AUD | Current |
Capital history
Capital events
| Date | Event | Amount | Shares | Price | Status | Terms |
|---|---|---|---|---|---|---|
| 2026-10-01Ann. 2026-08-21 | Dividend | A$27M | — | — | Completed | — |
Contracts and ownership
Material economic arrangements These are deals that can affect sales, costs, funding or ownership. An arrangement marked “Included in valuation” may already be built into a project estimate or the bridge to shareholder value. A separate amount is shown only when one can be estimated; do not add it again.
All identified live royalties, sales relationships, finite gold hedges, FX protection and Nagambie conditional earn-in reconciled. Commercial concentrate settlements and Costerfield FX option terms remain incomplete.
Source-reported state royalty; source AISC includes this cost. New DCF removes it from the AISC-derived cash-cost anchor and applies the stated rate once to forecast revenue.
Royalty · Active- Applies to
- Tomingley Gold Operations · Gold
- Economic direction
- Burden
- Period
- Dates not stated
- Key terms
- rate: 4 %
No valuation treatment is available for this arrangement.
Source-reported state royalty; source AISC includes this cost. New DCF removes it from the AISC-derived cash-cost anchor and applies the stated rate once to forecast revenue.
Royalty · Active- Applies to
- Costerfield Gold-Antimony Mine · Gold · Others
- Economic direction
- Burden
- Period
- Dates not stated
- Key terms
- rate: 2.75 %
No valuation treatment is available for this arrangement.
Source-reported state royalty; source AISC includes this cost. New DCF removes it from the AISC-derived cash-cost anchor and applies the stated rate once to forecast revenue.
Royalty · Active- Applies to
- Björkdal Gold Mine · Gold
- Economic direction
- Burden
- Period
- Dates not stated
- Key terms
- rate: 0.2 %
No valuation treatment is available for this arrangement.
Customer relationships disclosed; detailed concentrate terms, expiry and payabilities beyond company AuEq 70% Sb convention are not disclosed. Provisional pricing introduces settlement risk.
Offtake · Active- Counterparties
- Macquarie Bank · ABC Refinery
- Applies to
- Tomingley Gold Operations · Gold
- Economic direction
- Mixed
- Period
- Dates not stated
No valuation treatment is available for this arrangement.
Customer relationships disclosed; detailed concentrate terms, expiry and payabilities beyond company AuEq 70% Sb convention are not disclosed. Provisional pricing introduces settlement risk.
Offtake · Active- Counterparties
- CPG Group · China National Gold Group
- Applies to
- Costerfield Gold-Antimony Mine · Gold · Others
- Economic direction
- Mixed
- Period
- Dates not stated
No valuation treatment is available for this arrangement.
Customer relationships disclosed; detailed concentrate terms, expiry and payabilities beyond company AuEq 70% Sb convention are not disclosed. Provisional pricing introduces settlement risk.
Offtake · Active- Counterparties
- Aurubis · Boliden
- Applies to
- Björkdal Gold Mine · Gold
- Economic direction
- Mixed
- Period
- Dates not stated
No valuation treatment is available for this arrangement.
21,150 ounces remained at 30 September at annual weighted strike A$2,862/oz, for delivery by June 2027. Post-September delivery is estimated explicitly; no duplicate non-delivery liability is booked in a physical-delivery case.
Commodity Hedge · Active- Counterparties
- Macquarie Bank
- Applies to
- Tomingley Gold Operations · Gold
- Economic direction
- Mixed
- Period
- Through 2027-06-30; start date not stated
- Key terms
- remaining volume: 21,150 oz Au
fixed gold price: 2,862 AUD/oz Au
No valuation treatment is available for this arrangement.
48,066 ounces outstanding at June, A$3,000 floor, through June 2027. Exact September residual is not provided; remaining notional is estimated pro rata and tested against zero protection.
Commodity Hedge · Active- Applies to
- Tomingley Gold Operations · Gold
- Economic direction
- Mixed
- Period
- Through 2027-06-30; start date not stated
- Key terms
- June outstanding volume: 48,066 oz Au
floor: 3,000 AUD/oz Au
No valuation treatment is available for this arrangement.
Directors FY27 programme43,800 ounces, SEK31,611 floor (issuer approximate A$4,720), July2026-June2027. This is later than the note23 older SEK30,645 programme; only the newer residual is modeled.
Commodity Hedge · Active- Applies to
- Björkdal Gold Mine · Gold
- Economic direction
- Mixed
- Period
- Through 2027-06-30; start date not stated
- Key terms
- FY27 floor volume: 43,800 oz Au
floor: 31,611 SEK/oz Au
No valuation treatment is available for this arrangement.
AUD:USD option protection is disclosed but notional, strike and timing are insufficient for a faithful payoff model. No manufactured FX benefit.
FX Hedge · Active- Applies to
- Costerfield Gold-Antimony Mine · Gold · Others
- Economic direction
- Mixed
- Period
- Dates not stated
No valuation treatment is available for this arrangement.
Twelve-month withdrawal option from9April2026; spend A$12.5m within3years to earn60%, then another A$15m (total27.5m) within5years to earn80%. JV formed at60%/80%, proportional subsequent funding, spare Costerfield capacity on agreed commercial terms. Nagambie dilution below10% converts to2%NSR cappedA$20m. No current mine equity earned.
Earn In · Conditional- Counterparties
- Nagambie Resources
- Applies to
- Nagambie Mine conditional earn-in · Gold · Others
- Economic direction
- Mixed
- Period
- From 2026-04-09; no end date stated
- Key terms
- 60% earn-in aggregate spend: 12,500,000 AUD
80% earn-in aggregate spend: 27,500,000 AUD
No valuation treatment is available for this arrangement.
Intrinsic value
Valuation
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Sensitivity lab
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Sign in or enter a guest codePeople, delivery and responsibility
Management background checks
Alkane’s management combines long-standing Tomingley operating and finance experience with site and geological leadership from Mandalay. Group output increased after the 2025 acquisition and is not directly comparable with the prior year. Tomingley injury rates and unresolved Costerfield tailings proceedings warrant continued oversight. These are company-level outcomes, not findings of individual wrongdoing. Evidence on several managers remains limited.
Decision-relevant facts
Material summary
Nicholas Earner
Managing Director and Chief Executive Officer
Reported Tomingley injury rates and later operational results
Alkane reported 21 recordable injuries at Tomingley in FY2024, including eight lost-time injuries, and a 31.22 total recordable injury frequency rate. The 2026 report later recorded 10 total recordable injuries and 14.5 per million hours at Tomingley in FY2026. Rates are company-reported and individual causation is not established.
Role overlaps event; causation unproven · Leadership or site role is contextual; no individual fault or cause is asserted.
Costerfield operator faces tailings charges
Resources Victoria said in January 2026 that it charged Mandalay’s Costerfield operator over alleged overfilling of two tailings facilities, identified in December 2024. Alkane acquired the operation in August 2025. Its 2026 annual report describes proceedings and says it expected resolution within six months of its August report; no final disposition was located. These are allegations against the operator, and no personal misconduct is established.
Employer context; no individual link established · Self was GM during the cited period; Earner led Alkane after the acquisition. Neither source establishes personal conduct or culpability.
Alkane acquired two producing mines and increased output
Alkane completed its Mandalay merger on 5 August 2025. It reported FY2026 statutory production of 162,440 gold-equivalent ounces versus 70,120 in FY2025; the figures include the acquired assets from 5 August 2025 and are not like-for-like. The CEO led during the transaction, but the company results do not isolate his individual contribution.
Role overlaps event; causation unproven · CEO role overlaps the transaction and reported company output; causation is not isolated.
Evidence gaps · 4
- Independent verification of reported qualifications and full employer/appointment chronology was not obtained.
- Open-web searches are limited; company events do not establish individual responsibility.
- Final disposition of the Costerfield tailings proceedings was not located in searches through cutoff.
- Separate topic-specific adverse and prior-employer searches were not completed; the combined batched search results were truncated, so this screening is incomplete.
James Carter
Chief Financial Officer
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- Independent verification of reported qualifications and full employer/appointment chronology was not obtained.
- Open-web searches are limited; company events do not establish individual responsibility.
- Separate topic-specific adverse and prior-employer searches were not completed; the combined batched search results were truncated, so this screening is incomplete.
Simon Parsons
Chief Operations Officer (Australia)
Reported Tomingley injury rates and later operational results
Alkane reported 21 recordable injuries at Tomingley in FY2024, including eight lost-time injuries, and a 31.22 total recordable injury frequency rate. The 2026 report later recorded 10 total recordable injuries and 14.5 per million hours at Tomingley in FY2026. Rates are company-reported and individual causation is not established.
Role overlaps event; causation unproven · Leadership or site role is contextual; no individual fault or cause is asserted.
Evidence gaps · 3
- Independent verification of reported qualifications and full employer/appointment chronology was not obtained.
- Open-web searches are limited; company events do not establish individual responsibility.
- Separate topic-specific adverse and prior-employer searches were not completed; the combined batched search results were truncated, so this screening is incomplete.
Chris Davis
Chief Geologist
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- Independent verification of reported qualifications and full employer/appointment chronology was not obtained.
- Open-web searches are limited; company events do not establish individual responsibility.
- Separate topic-specific adverse and prior-employer searches were not completed; the combined batched search results were truncated, so this screening is incomplete.
Richard Steenhof
General Counsel and Company Secretary
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- Independent verification of reported qualifications and full employer/appointment chronology was not obtained.
- Open-web searches are limited; company events do not establish individual responsibility.
- Separate topic-specific adverse and prior-employer searches were not completed; the combined batched search results were truncated, so this screening is incomplete.
Julia Beckett
Former Joint Company Secretary
Calidus entered administration during secretary tenure
Calidus announced receivers and administrators were appointed in mid-2024 while it named Beckett as company secretary. In January 2025 its deed administrators said shares were transferred for no consideration to a deed proponent and the deed was effectuated. The disclosures do not attribute the financial failure to Beckett.
Role overlaps event; causation unproven · A company-secretary tenure overlap is not evidence of causation or fault.
Evidence gaps · 4
- Independent verification of reported qualifications and full employer/appointment chronology was not obtained.
- Open-web searches are limited; company events do not establish individual responsibility.
- Exact Calidus departure date and personal involvement in its financial decisions are not established by the reviewed records.
- Separate topic-specific adverse and prior-employer searches were not completed; the combined batched search results were truncated, so this screening is incomplete.
Brendan Ward
General Manager – Commercial
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- Independent verification of reported qualifications and full employer/appointment chronology was not obtained.
- Open-web searches are limited; company events do not establish individual responsibility.
- Separate topic-specific adverse and prior-employer searches were not completed; the combined batched search results were truncated, so this screening is incomplete.
Mike Sutherland
General Manager, NSW
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- Independent verification of reported qualifications and full employer/appointment chronology was not obtained.
- Open-web searches are limited; company events do not establish individual responsibility.
- Separate topic-specific adverse and prior-employer searches were not completed; the combined batched search results were truncated, so this screening is incomplete.
Andrew Brown
General Manager, Tomingley
Reported Tomingley injury rates and later operational results
Alkane reported 21 recordable injuries at Tomingley in FY2024, including eight lost-time injuries, and a 31.22 total recordable injury frequency rate. The 2026 report later recorded 10 total recordable injuries and 14.5 per million hours at Tomingley in FY2026. Rates are company-reported and individual causation is not established.
Employer context; no individual link established · Leadership or site role is contextual; no individual fault or cause is asserted.
Evidence gaps · 3
- Independent verification of reported qualifications and full employer/appointment chronology was not obtained.
- Open-web searches are limited; company events do not establish individual responsibility.
- Separate topic-specific adverse and prior-employer searches were not completed; the combined batched search results were truncated, so this screening is incomplete.
Dave Meates
Exploration Manager, NSW
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- Independent verification of reported qualifications and full employer/appointment chronology was not obtained.
- Open-web searches are limited; company events do not establish individual responsibility.
- Separate topic-specific adverse and prior-employer searches were not completed; the combined batched search results were truncated, so this screening is incomplete.
Adam Self
General Manager, Costerfield
Costerfield operator faces tailings charges
Resources Victoria said in January 2026 that it charged Mandalay’s Costerfield operator over alleged overfilling of two tailings facilities, identified in December 2024. Alkane acquired the operation in August 2025. Its 2026 annual report describes proceedings and says it expected resolution within six months of its August report; no final disposition was located. These are allegations against the operator, and no personal misconduct is established.
Role overlaps event; causation unproven · Self was GM during the cited period; Earner led Alkane after the acquisition. Neither source establishes personal conduct or culpability.
Evidence gaps · 4
- Independent verification of reported qualifications and full employer/appointment chronology was not obtained.
- Open-web searches are limited; company events do not establish individual responsibility.
- Final disposition of the Costerfield tailings proceedings was not located in searches through cutoff.
- Separate topic-specific adverse and prior-employer searches were not completed; the combined batched search results were truncated, so this screening is incomplete.
Åsa Corin
General Manager, Björkdal
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- Independent verification of reported qualifications and full employer/appointment chronology was not obtained.
- Open-web searches are limited; company events do not establish individual responsibility.
- Separate topic-specific adverse and prior-employer searches were not completed; the combined batched search results were truncated, so this screening is incomplete.
Natalie Chapman
Corporate Communications Manager
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- Independent verification of reported qualifications and full employer/appointment chronology was not obtained.
- Open-web searches are limited; company events do not establish individual responsibility.
- Separate topic-specific adverse and prior-employer searches were not completed; the combined batched search results were truncated, so this screening is incomplete.
Company ownership
Investors & shareholders
Top registered shareholders
Register at 2026-09-04 · 1,366,204,821 issued shares
| # | Investor / registered holder | % issued shares | Shares held |
|---|---|---|---|
| 1 | 20.92% | 285,825,583 | |
| 2 | 15.37% | 209,948,010 | |
| 3 | 12.40% | 169,416,221 | |
| 4 | 10.47% | 143,099,602 | |
| 5 | 4.09% | 55,840,497 | |
| 6 | 2.94% | 40,232,105 | |
| 7 | 2.73% | 37,266,107 | |
| 8 | 1.67% | 22,775,000 | |
| 9 | 1.24% | 16,993,600 | |
| 10 | 1.21% | 16,466,667 | |
| 11 | 1.21% | 16,466,667 | |
| 12 | 1.21% | 16,466,666 | |
| 13 | 0.87% | 11,901,338 | |
| 14 | 0.85% | 11,566,942 | |
| 15 | 0.72% | 9,876,335 | |
| 16 | 0.63% | 8,600,000 | |
| 17 | 0.54% | 7,311,748 | |
| 18 | 0.54% | 7,311,747 | |
| 19 | 0.54% | 7,311,747 | |
| 20 | 0.54% | 7,311,747 |
Disclosed substantial holders
Latest reviewed disclosure for each holder or reporting group
| Investor / reported group | Disclosed holding | Holding at |
|---|---|---|
| 6.39%Voting power | 2025-10-01 | |
| 5.60%Voting power | 2026-09-09 | |
| 5.29%Voting power | 2025-09-03 |
Sources & review notesEvidence checked through 2026-10-31
Coverage and limitations
- Nominee names identify registered accounts and do not reveal beneficial owners.
- Substantial-holder notices report relevant interests and can overlap registered accounts; they are not a complete live ownership ledger.
- Annual report states shareholder information is current at 4 September 2026 but lists CE Mining at 76,538,135 shares, the position subsequently disclosed after 9 September. CE Mining is dated to the notice instead.
- The 2025 reported voting powers are historical and have not been recalculated after subsequent capital changes.
- Cached ASX manifest was checked through 31 October 2026; source availability and filing thresholds limit completeness.
Sources
- 2026 Annual Report
Alkane Resources Limited · Published 2026-10-02 · Accessed 2026-10-31
Dated top-20 registered shareholdings and substantial-holder summary.
downloads/ALK/2026/2026-10-02_Annual Report to shareholders_6c0c3e92e6362eea.pdf, PDF pages 190–191
- Change in substantial holding: CE Mining III MND Limited
Alkane Resources Limited via ASX · Published 2026-09-14 · Accessed 2026-10-31
Form 604 reports position and voting power after 9 September 2026 sale.
downloads/ALK/2026/2026-09-14_Change in substantial holding_8cd31fc40b1a01d9.pdf, page 1
- Change in substantial holding - I Gandel
Alkane Resources Limited via ASX · Published 2025-10-03 · Accessed 2026-10-31
Form 604 reports position and voting power on 1 October 2025.
downloads/ALK/2025/2025-10-03_Change in substantial holding - I Gandel_c38a5bca3e6522f3.pdf, page 1
- Becoming a substantial holder
Alkane Resources Limited via ASX · Published 2025-09-05 · Accessed 2026-10-31
Form 603 reports Gardenway and relevant entities on 3 September 2025.
downloads/ALK/2025/2025-09-05_Becoming a substantial holder_97209a252f9b2127.pdf, page 1 and annexure
Disclosed activity
Insider transactions
Trading activity8 buys · 11 sells shownNet cash last 12 months −A$120.1mShow chartHide chart
| Date | Person / account | Activity / security | Quantity | Cash consideration | Price | Holding after |
|---|---|---|---|---|---|---|
| 2026-09-09 | Bradford Alan MillsCE Mining III MND Limited
Details & evidence for Bradford Alan Mills on 2026-09-09On-market sale of 25,000,000 ordinary shares at A$1.80 per share. As disclosed: On-market sale of 25,000,000 ordinary shares at A$1.80 per share.
Change of Director's Interest Notice - B Mills ↗ | Saleordinary fully paid shares | 25,000,000 | — | AUD 1.8Disclosed price | 76,538,135 |
| 2026-09-04 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2026-09-04On-market sale of 2,000,000 ordinary shares at $1.947 per share. Company states sale was to meet expected personal tax obligations and other commitments. As disclosed: On-market sale of 2,000,000 ordinary shares at $1.947 per share. Company states sale was to meet expected personal tax obligations and other commitments.
Change of Director's Interest Notice - N Earner ↗ Change of Director's Interest Notice - N Earner ↗ Change of Director's Interest Notice - N Earner ↗ | Saleordinary fully paid shares | 2,000,000 | — | AUD 1.947Disclosed price | 3,953,194 |
| 2026-08-31 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2026-08-31Lapse of 1,146,657 FY2024 performance rights because conditions were not met. As disclosed: Lapse of 1,146,657 FY2024 performance rights because conditions were not met.
Change of Director's Interest Notice - N Earner ↗ Change of Director's Interest Notice - N Earner ↗ | ExpiryFY2024 LTI performance rights | 1,146,657 | —Non Cash | — | 0 |
| 2026-03-02 | Bradford Alan MillsCE Mining III MND Limited
Details & evidence for Bradford Alan Mills on 2026-03-02Indirect sale through CE Mining. As disclosed: 25,000,000 shares sold for A$42,000,000.
Change of Director's Interest Notice - B Mills ↗ Change in substantial holding ↗ | Saleordinary shares | 25,000,000 | AUD 42,000,000.00 | AUD 1.68Disclosed price | 101,538,135 |
| 2026-02-27 | Bradford Alan MillsCE Mining III MND Limited
Details & evidence for Bradford Alan Mills on 2026-02-27Indirect sale through CE Mining. As disclosed: 1,847,696 shares sold for A$3,232,729.
Change of Director's Interest Notice - B Mills ↗ Change in substantial holding ↗ | Saleordinary shares | 1,847,696 | AUD 3,232,729.00 | AUD 1.7496Calculated average | 126,538,135 |
| 2026-01-30 | Frazer Bourchier
Details & evidence for Frazer Bourchier on 2026-01-30Direct on-market disposal. As disclosed: Sold 80,912 shares on-market on 30 January 2026 for C$109,231 at C$1.35 per share.
Change of Director's Interest Notice - F Bourchier ↗ | Saleordinary shares | 80,912 | CAD 109,231.00 | CAD 1.35Disclosed price | — |
| 2026-01-29 | Denise McComish
Details & evidence for Denise McComish on 2026-01-29Indirect acquisition through McComish Family account. As disclosed: Purchased 62,000 shares through the McComish Family account for A$100,440 on 29 January 2026.
independent non-executive director · 2025-12-01 Change of Director's Interest Notice - D McComish ↗ | Purchaseordinary shares | 62,000 | AUD 100,440.00 | AUD 1.62Disclosed price | — |
| 2026-01-29 | Frazer Bourchier
Details & evidence for Frazer Bourchier on 2026-01-29Direct on-market disposal. As disclosed: Sold 190,000 shares on-market on 29 January 2026 for C$285,000.
Change of Director's Interest Notice - F Bourchier ↗ | Saleordinary shares | 190,000 | CAD 285,000.00 | CAD 1.5Disclosed price | — |
| 2026-01-28 | Frazer Bourchier
Details & evidence for Frazer Bourchier on 2026-01-28Direct on-market disposal. As disclosed: Sold 190,000 shares on-market on 28 January 2026 for C$298,300.
Change of Director's Interest Notice - F Bourchier ↗ | Saleordinary shares | 190,000 | CAD 298,300.00 | CAD 1.57Disclosed price | — |
| 2026-01-27 | Bradford Alan MillsCE Mining III MND Limited
Details & evidence for Bradford Alan Mills on 2026-01-27The Form604 independently reports the same off-market sale. As disclosed: Sold 50,000,000 ALK shares off-market on 27 January 2026 for A$75,000,000.
Change of Director's Interest Notice - B Mills ↗ | Saleordinary shares | 50,000,000 | AUD 75,000,000.00 | AUD 1.5Calculated average | 128,385,831 |
| 2025-12-08to 2025-12-09 | Bradford Alan MillsCE Mining III MND Limited
Details & evidence for Bradford Alan Mills on 2025-12-08The source aggregates the two trading days; no daily allocation is disclosed. As disclosed: On-market sale of 1,450,000 shares on 8 and 9 December 2025 at $1.0206 per share.
Change of Director's Interest Notice - B Mills ↗ | Saleordinary shares | 1,450,000 | — | AUD 1.0206Disclosed price | 178,385,831 |
| 2025-12-01 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2025-12-01FY2026 LTI award to the EarnerDavies Family A/C. As disclosed: Grant of 977,921 FY2026 LTI performance rights.
Change of Director's Interest Notice - N Earner ↗ | GrantFY2026 LTI performance rights | 977,921 | —Non Cash | — | — |
| 2025-10-01 | Ian Jeffrey Gandel
Details & evidence for Ian Jeffrey Gandel on 2025-10-01On-market sale across four ILG entities, 6,000,000 shares each. As disclosed: On-market sale of 6,000,000 shares in each of four ILG entities at $1.12 per share before brokerage.
Change of Director's Interest Notice - I Gandel ↗ Change in substantial holding - I Gandel ↗ | Saleordinary shares | 24,000,000 | AUD 26,658,240.00 | AUD 1.12Disclosed price | 87,228,277 |
| 2025-09-08 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2025-09-08132,007 FY2024 STI rights vested and converted into ordinary shares. As disclosed: 132,007 FY2024 STI performance rights vested and converted into ordinary shares.
Change of Director's Interest Notice - N Earner ↗ Change of Director's Interest Notice - N Earner ↗ | Vestingordinary shares | 132,007 | —Non Cash | — | 5,953,194 |
| 2025-09-08 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2025-09-08Rights lapsed because performance conditions were not met. As disclosed: Lapse of 1,088,497 FY2023 LTI performance rights.
Change of Director's Interest Notice - N Earner ↗ Change of Director's Interest Notice - N Earner ↗ | ExpiryFY2023 LTI performance rights | 1,088,497 | —Non Cash | — | 0 |
| 2025-07-31 | Gavin Murray Smith
Details & evidence for Gavin Murray Smith on 2025-07-31On-market purchase for the director's daughter; related-party account name is not stated. As disclosed: On-market purchase of 4,137 shares for the director's daughter on 31 July 2025 for A$2,994.30.
Change of Director's Interest Notice - G Smith ↗ | Purchaseordinary shares | 4,137 | AUD 2,994.30 | AUD 0.723785Calculated average | 4,137 |
| 2025-07-31 | Nicholas Paul Earner
Details & evidence for Nicholas Paul Earner on 2025-07-31Indirect purchase through Earner Pty Ltd <The Earner Super Fund A/C>; director is a company director and shareholder and a fund beneficiary. As disclosed: On-market purchase of 69,445 shares by Earner Pty Ltd <The Earner Super Fund A/C> on 31 July 2025 for A$50,347.63.
Change of Director's Interest Notice - N Earner ↗ | Purchaseordinary shares | 69,445 | AUD 50,347.63 | AUD 0.725Calculated average | 126,916 |
| 2025-06-26 | Gavin Murray Smith
Details & evidence for Gavin Murray Smith on 2025-06-26Direct on-market purchase. As disclosed: On-market purchase of 68,493 ordinary shares for A$50,054.89 on 26 June 2025.
Change of Director's Interest Notice - G Smith ↗ | Purchaseordinary shares | 68,493 | AUD 50,054.89 | AUD 0.730803Calculated average | 228,243 |
| 2024-12-04 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2024-12-04Correction replaces the original disclosed quantity; this is not an additional grant. As disclosed: Corrected FY2025 LTI grant of 2,007,126 rights on 4 December 2024.
Replaces 1 earlier record(s). Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | GrantFY2025 LTI performance rights | 2,007,126 | —Non Cash | — | 2,007,126 |
| 2024-12-04 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2024-12-04Indirect interest through ED-NE Pty Ltd <EarnerDavies Family A/C>. As disclosed: Grant of 132,007 STI FY2024 performance rights.
Change of Directors Interest Notice x2 ↗ | GrantFY2024 STI performance rights | 132,007 | —Non Cash | — | 132,007 |
| 2024-12-04 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2024-12-04Indirect interest through ED-NE Pty Ltd <EarnerDavies Family A/C>; paired with the rights vesting row. As disclosed: Vesting of 359,101 STI FY2023 performance rights into 359,101 ALK shares.
Change of Directors Interest Notice x2 ↗ Change of Director's Interest Notice x3 ↗ | Vestingordinary fully paid shares | 359,101 | —Non Cash | — | 5,821,187 |
| 2024-12-04 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2024-12-04Indirect interest through ED-NE Pty Ltd <EarnerDavies Family A/C>. As disclosed: Vesting of 359,101 STI FY2023 performance rights into 359,101 ALK shares.
Change of Directors Interest Notice x2 ↗ | VestingFY2023 STI performance rights | 359,101 | —Non Cash | — | 0 |
| 2024-12-04 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2024-12-04Indirect interest through ED-NE Pty Ltd <EarnerDavies Family A/C>. As disclosed: Cancellation of 825,115 LTI FY2022 performance rights.
Change of Directors Interest Notice x2 ↗ | CancellationFY2022 LTI performance rights | 825,115 | —Non Cash | — | 0 |
| 2024-12-04 | David Ian ChalmersLeefab Pty Ltd
Details & evidence for David Ian Chalmers on 2024-12-04Correction replaces the original disclosed quantity; this is not an additional grant. As disclosed: Corrected FY2025 LTI grant of 471,449 rights on 4 December 2024.
Replaces 1 earlier record(s). Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | GrantFY2025 LTI performance rights | 471,449 | —Non Cash | — | 471,449 |
| 2024-12-04 | David Ian ChalmersLeefab Pty Ltd
Details & evidence for David Ian Chalmers on 2024-12-04Indirect interest through Leefab Pty Ltd. As disclosed: Grant of 89,575 STI FY2024 performance rights.
Change of Directors Interest Notice x2 ↗ | GrantFY2024 STI performance rights | 89,575 | —Non Cash | — | 89,575 |
| 2024-12-04 | David Ian ChalmersLeefab Pty Ltd
Details & evidence for David Ian Chalmers on 2024-12-04Indirect interest through Leefab Pty Ltd; paired with the rights vesting row. As disclosed: Vesting of 121,836 STI FY2023 performance rights into 121,836 ALK shares.
Change of Directors Interest Notice x2 ↗ | Vestingordinary fully paid shares | 121,836 | —Non Cash | — | 5,682,554 |
| 2024-12-04 | David Ian ChalmersLeefab Pty Ltd
Details & evidence for David Ian Chalmers on 2024-12-04Indirect interest through Leefab Pty Ltd. As disclosed: Vesting of 121,836 STI FY2023 performance rights into 121,836 ALK shares.
Change of Directors Interest Notice x2 ↗ | VestingFY2023 STI performance rights | 121,836 | —Non Cash | — | 0 |
| 2024-12-04 | David Ian ChalmersLeefab Pty Ltd
Details & evidence for David Ian Chalmers on 2024-12-04Indirect interest through Leefab Pty Ltd. As disclosed: Cancellation of 193,809 LTI FY2022 performance rights.
Change of Directors Interest Notice x2 ↗ | CancellationFY2022 LTI performance rights | 193,809 | —Non Cash | — | 0 |
| 2024-07-31 | Anthony Dean Lethlean
Details & evidence for Anthony Dean Lethlean on 2024-07-31Purchase by Anthony Lethlean & Luísa Lethlean <A&L Lethlean S/F A/C>. As disclosed: 100,000 ALK shares acquired for A$44,000.
Change of Director's Interest Notice x3 ↗ | Purchaseordinary shares | 100,000 | AUD 44,000.00 | AUD 0.44Calculated average | 594,865 |
| 2024-07-30 | Ian Jeffrey Gandel
Details & evidence for Ian Jeffrey Gandel on 2024-07-30Purchase by Abbotsleigh Pty Ltd, an entity in which Gandel is a director and shareholder. As disclosed: On-market purchase of 1,100,000 ALK shares at $0.4425 per share.
Change of Director's Interest Notice x3 ↗ | Purchaseordinary shares | 1,100,000 | AUD 488,356.00 | AUD 0.4425Disclosed price | 57,981,288 |
| 2024-07-30 | Nicholas Paul Earner
Details & evidence for Nicholas Paul Earner on 2024-07-30Purchase in Earner Pty Ltd <The Earner Super Fund A/C>. As disclosed: 57,471 ALK shares acquired for A$25,220.37.
Change of Director's Interest Notice x3 ↗ | Purchaseordinary shares | 57,471 | AUD 25,220.37 | — | 54,471 |
| 2024-07-30 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2024-07-30Purchase in ED-NE Pty Ltd <EarnerDavies Family A/C>. As disclosed: 113,636 ALK shares acquired for A$49,991.53.
Change of Director's Interest Notice x3 ↗ | Purchaseordinary shares | 113,636 | AUD 49,991.53 | — | 5,462,086 |
| 2024-01-17 | Ian Jeffrey Gandel
Details & evidence for Ian Jeffrey Gandel on 2024-01-17Pre-market block trade of 8,695,653 shares; Form604 identifies A$5,000,000 cash consideration. As disclosed: On-market trade - sale; 8,695,653 ordinary shares; A$5,000,000 consideration; Appendix 3Y price A$0.575 per share.
Director Share Sale, Appendix 3Y and ASIC Form 604 ↗ Director Share Sale, Appendix 3Y and ASIC Form 604 ↗ | Saleordinary shares | 8,695,653 | AUD 5,000,000.00 | AUD 0.575Disclosed price | 56,881,288 |
| 2023-11-28 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2023-11-28Indirect interest through ED-NE Pty Ltd <EarnerDavies Family A/C>. As disclosed: Grant of 1,146,657 LTI FY2024 performance rights.
Change of Director's Interest Notice x 2 ↗ | GrantFY2024 LTI performance rights | 1,146,657 | —Non Cash | — | 1,146,657 |
| 2023-11-28 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2023-11-28Indirect interest through ED-NE Pty Ltd <EarnerDavies Family A/C>. As disclosed: Grant of 359,101 STI FY2023 performance rights.
Change of Director's Interest Notice x 2 ↗ | GrantFY2023 STI performance rights | 359,101 | —Non Cash | — | 359,101 |
| 2023-11-28 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2023-11-28Indirect interest through ED-NE Pty Ltd <EarnerDavies Family A/C>; paired with the rights vesting row. As disclosed: Vesting of 306,735 STI FY2022 performance rights into 306,735 ALK shares.
Change of Director's Interest Notice x 2 ↗ | Vestingordinary fully paid shares | 306,735 | —Non Cash | — | 5,348,450 |
| 2023-11-28 | Nicholas Paul EarnerED-NE Pty Ltd <EarnerDavies Family A/C>
Details & evidence for Nicholas Paul Earner on 2023-11-28Indirect interest through ED-NE Pty Ltd <EarnerDavies Family A/C>. As disclosed: Vesting of 306,735 STI FY2022 performance rights into 306,735 ALK shares.
Change of Director's Interest Notice x 2 ↗ | VestingFY2022 STI performance rights | 306,735 | —Non Cash | — | 0 |
| 2023-11-28 | David Ian ChalmersLeefab Pty Ltd
Details & evidence for David Ian Chalmers on 2023-11-28Indirect interest through Leefab Pty Ltd. As disclosed: Grant of 269,336 LTI FY2024 performance rights.
Change of Director's Interest Notice x 2 ↗ | GrantFY2024 LTI performance rights | 269,336 | —Non Cash | — | 269,336 |
| 2023-11-28 | David Ian ChalmersLeefab Pty Ltd
Details & evidence for David Ian Chalmers on 2023-11-28Indirect interest through Leefab Pty Ltd. As disclosed: Grant of 121,836 STI FY2023 performance rights.
Change of Director's Interest Notice x 2 ↗ | GrantFY2023 STI performance rights | 121,836 | —Non Cash | — | 121,836 |
| 2023-11-28 | David Ian ChalmersLeefab Pty Ltd
Details & evidence for David Ian Chalmers on 2023-11-28Indirect interest through Leefab Pty Ltd; paired with the rights vesting row. As disclosed: Vesting of 104,070 STI FY2022 performance rights into 104,070 ALK shares.
Change of Director's Interest Notice x 2 ↗ | Vestingordinary fully paid shares | 104,070 | —Non Cash | — | 5,560,718 |
| 2023-11-28 | David Ian ChalmersLeefab Pty Ltd
Details & evidence for David Ian Chalmers on 2023-11-28Indirect interest through Leefab Pty Ltd. As disclosed: Vesting of 104,070 STI FY2022 performance rights into 104,070 ALK shares.
Change of Director's Interest Notice x 2 ↗ | VestingFY2022 STI performance rights | 104,070 | —Non Cash | — | 0 |
| 2023-10-31 | Nicholas Paul Earner
Details & evidence for Nicholas Paul Earner on 2023-10-31Direct interest; cancellation under the 4 November 2020 shareholder resolution. As disclosed: Cancellation of 687,346 LTI FY2021 performance rights on 31 October 2023.
Change of Director's Interest Notice x 2 ↗ | CancellationFY2021 LTI performance rights | 687,346 | —Non Cash | — | 0 |
| 2023-10-31 | David Ian Chalmers
Details & evidence for David Ian Chalmers on 2023-10-31Indirect interest through Leefab Pty Ltd. As disclosed: Cancellation of 174,903 LTI FY2021 performance rights on 31 October 2023.
Change of Director's Interest Notice x 2 ↗ | CancellationFY2021 LTI performance rights | 174,903 | —Non Cash | — | 0 |
Disclosed holding observations26 dated positions
Initial, final and threshold notices describe positions; these are not counted as purchases or sales.
| Holding at | Person / group | Type / security | Quantity | Percentage |
|---|---|---|---|---|
| 2026-08-24 | Jennifer Purdie
Details & evidence for Jennifer Purdie on 2026-08-24No direct or indirect share interest disclosed.
independent non-executive director · 2026-08-24 Initial Director's Interest Notice - J Purdie ↗ | Initialordinary shares | 0 | — |
| 2026-08-24 | Gabrielle Upton
Details & evidence for Gabrielle Upton on 2026-08-24No direct or indirect share interest disclosed.
independent non-executive director · 2026-08-24 Initial Director's Interest Notice - G Upton ↗ | Initialordinary shares | 0 | — |
| 2026-01-30 | Frazer Bourchier
Details & evidence for Frazer Bourchier on 2026-01-30Direct position after the three listed sales.
Change of Director's Interest Notice - F Bourchier ↗ | Finalordinary shares | 3,380,016 | — |
| 2026-01-29 | Denise McComish
Details & evidence for Denise McComish on 2026-01-29Post-purchase position through the McComish Family account.
independent non-executive director · 2025-12-01 Change of Director's Interest Notice - D McComish ↗ | Positionordinary shares | 62,000 | — |
| 2025-12-01 | Denise McComish
Details & evidence for Denise McComish on 2025-12-01No direct or indirect share interest disclosed.
independent non-executive director · 2025-12-01 Initial Director's Interest Notice - D McComish ↗ | Initialordinary shares | 0 | — |
| 2025-10-14 | Dominic Duffy
Details & evidence for Dominic Duffy on 2025-10-14Final reported direct position; no movement reported since appointment.
non-executive director · 2025-08-05 to 2025-10-14 Final Director's Interest Notice - D Duffy ↗ | Finalordinary shares | 8,434,896 | — |
| 2025-08-05 | Frazer Bourchier
Details & evidence for Frazer Bourchier on 2025-08-05Direct holding at appointment.
Initial Director's Interest Notice - F Bourchier ↗ | Initialordinary shares | 3,840,928 | — |
| 2025-08-05 | David Ian Chalmers
Details & evidence for David Ian Chalmers on 2025-08-05Direct ordinary shares at cessation.
Final Director's Interest Notice - D I Chalmers ↗ | Finalordinary shares | 365,155 | — |
| 2025-08-05 | David Ian Chalmers
Details & evidence for David Ian Chalmers on 2025-08-05Remaining FY2023 LTI rights at cessation.
Final Director's Interest Notice - D I Chalmers ↗ | FinalFY2023 LTI performance rights | 255,674 | — |
| 2025-08-05 | David Ian Chalmers
Details & evidence for David Ian Chalmers on 2025-08-05Remaining FY2024 LTI rights at cessation.
Final Director's Interest Notice - D I Chalmers ↗ | FinalFY2024 LTI performance rights | 269,336 | — |
| 2025-08-05 | David Ian Chalmers
Details & evidence for David Ian Chalmers on 2025-08-05Remaining FY2024 STI rights at cessation.
Final Director's Interest Notice - D I Chalmers ↗ | FinalFY2024 STI performance rights | 89,575 | — |
| 2025-08-05 | David Ian Chalmers
Details & evidence for David Ian Chalmers on 2025-08-05Corrected FY2025 LTI rights balance at cessation.
Final Director's Interest Notice - D I Chalmers ↗ | FinalFY2025 LTI performance rights | 471,449 | — |
| 2025-08-05 | David Ian Chalmers
Details & evidence for David Ian Chalmers on 2025-08-05Indirect shares through Leefab Pty Ltd.
Final Director's Interest Notice - D I Chalmers ↗ | Finalordinary shares | 5,682,554 | — |
| 2025-08-05 | David Ian Chalmers
Details & evidence for David Ian Chalmers on 2025-08-05Indirect shares through MMC Super Family P/L.
Final Director's Interest Notice - D I Chalmers ↗ | Finalordinary shares | 84,472 | — |
| 2025-08-05 | Dominic Duffy
Details & evidence for Dominic Duffy on 2025-08-05Direct holding on appointment.
non-executive director · 2025-08-05 to 2025-10-14 Initial Director's Interest Notice - D Duffy ↗ | Initialordinary shares | 8,434,896 | — |
| 2025-08-05 | Anthony Dean Lethlean
Details & evidence for Anthony Dean Lethlean on 2025-08-05Direct ordinary shares at cessation.
Final Director's Interest Notice - A Lethlean ↗ | Finalordinary shares | 50,050 | — |
| 2025-08-05 | Anthony Dean Lethlean
Details & evidence for Anthony Dean Lethlean on 2025-08-05Indirect ordinary shares through Rocky Rises Pty Ltd.
Final Director's Interest Notice - A Lethlean ↗ | Finalordinary shares | 175,171 | — |
| 2025-08-05 | Anthony Dean Lethlean
Details & evidence for Anthony Dean Lethlean on 2025-08-05Indirect ordinary shares in the superannuation fund.
Final Director's Interest Notice - A Lethlean ↗ | Finalordinary shares | 594,865 | — |
| 2025-08-05 | Bradford Alan Mills
Details & evidence for Bradford Alan Mills on 2025-08-05Indirect position reported through CE Mining III MND Limited.
Initial Director's Interest Notice - B Mills ↗ | Initialordinary shares | 179,835,831 | — |
| 2025-08-05 | Bradford Alan Mills
Details & evidence for Bradford Alan Mills on 2025-08-05Direct share position at appointment.
Initial Director's Interest Notice - B Mills ↗ | Initialordinary shares | 1,608,074 | — |
| 2025-08-05 | Andrew James Quinn
Details & evidence for Andrew James Quinn on 2025-08-05Indirect holding through BNP Paribas Nominees Pty Limited.
Initial Director's Interest Notice - A Quinn ↗ | Initialordinary shares | 500,000 | — |
| 2025-08-05 | Gavin Murray Smith
Details & evidence for Gavin Murray Smith on 2025-08-05Separately identified family interest held by the director's daughter.
Final Director's Interest Notice - G Smith ↗ | Finalordinary shares | 4,137 | — |
| 2025-08-05 | Gavin Murray Smith
Details & evidence for Gavin Murray Smith on 2025-08-05Direct holding at cessation.
Final Director's Interest Notice - G Smith ↗ | Finalordinary shares | 228,243 | — |
| 2025-08-05 | Gavin Murray Smith
Details & evidence for Gavin Murray Smith on 2025-08-05Indirect family interest held by the director's spouse.
Final Director's Interest Notice - G Smith ↗ | Finalordinary shares | 172,125 | — |
| 2025-07-31 | Gavin Murray Smith
Details & evidence for Gavin Murray Smith on 2025-07-31Reported after the purchase: 228,243 direct shares, 172,125 spouse shares and 4,137 daughter shares. The daughter holding is separately described in the source.
Change of Director's Interest Notice - G Smith ↗ | Positionordinary shares | 4,137 | — |
| 2025-06-26 | Gavin Murray Smith
Details & evidence for Gavin Murray Smith on 2025-06-26Direct position after purchase.
Change of Director's Interest Notice - G Smith ↗ | Positionordinary shares | 228,243 | — |
The closest covered peers
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Narrative and provenance
Research & Sources
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Sign in or enter a guest codeChronological evidenceSource-document inventory17 documents
ALK ASX ordinary close 13 October 2026Market Data · HighExtracted
Latest eligible local unadjusted close A$1.77, volume 4,914,034; market data provider via miners.collect_stock_prices; one ASX ordinary share; zero calendar-day staleness.
- Document ID
- doc-alk-20261013-market
- Published UTC
- 2026-10-13T05:00:00Z
- Projects
- —
- Commodities
- gold
September 2026 Quarter Production UpdateOperations · HighPartial
Primary-source financial, operating, resource, ownership or study facts re-established for this fresh valuation; physical core tables visually inspected and retained in the source-view workpaper.
- Document ID
- doc-alk-20261009-production
- Published UTC
- 2026-10-08T21:24:13Z
- Projects
- tomingley · costerfield · bjorkdal
- Commodities
- gold · others
Annual Report to shareholdersResults · HighPartial
Primary-source financial, operating, resource, ownership or study facts re-established for this fresh valuation; physical core tables visually inspected and retained in the source-view workpaper.
- Document ID
- doc-alk-20261002-annual
- Published UTC
- 2026-10-02T02:18:34Z
- Projects
- tomingley · costerfield · bjorkdal · boda_kaiser
- Commodities
- gold · others · copper
Resources and Energy Quarterly September 2026Commodity Data · HighPartial
Eligible government nominal and real gold/copper forecasts; Australian fiscal gold deck selected independently of the security quote.
- Document ID
- doc-alk-20261002-req
- Published UTC
- 2026-10-02T00:00:00Z
- Projects
- boda_kaiser
- Commodities
- gold · copper
FY26 Financial Results and DividendResults · MediumMetadata Only
Historical or duplicate local issuer release inventoried; latest annual accounts and September update provide selected current evidence. No unchecked facts imported.
- Document ID
- doc-alk-20260821-65c7e1f8
- Published UTC
- 2026-08-20T22:30:31Z
- Projects
- tomingley · costerfield · bjorkdal
- Commodities
- gold · others
FY26 Production Delivered, Record Cash, Dividend ProposedOperations · HighPartial
Primary-source financial, operating, resource, ownership or study facts re-established for this fresh valuation; physical core tables visually inspected and retained in the source-view workpaper.
- Document ID
- doc-alk-20260721-quarter
- Published UTC
- 2026-07-20T22:21:13Z
- Projects
- tomingley · costerfield · bjorkdal
- Commodities
- gold · others
Quarterly Activity ReportResults · MediumMetadata Only
Historical or duplicate local issuer release inventoried; latest annual accounts and September update provide selected current evidence. No unchecked facts imported.
- Document ID
- doc-alk-20260423-007c0112
- Published UTC
- 2026-04-22T22:23:02Z
- Projects
- tomingley · costerfield · bjorkdal
- Commodities
- gold · others
March 2026 Quarter Production UpdateResults · MediumMetadata Only
Inventoried local issuer copy; material financial and operating disclosures superseded by the audited FY26 annual report and latest production update. No new valuation input taken from this copy.
- Document ID
- doc-alk-20260409-cafee90b
- Published UTC
- 2026-04-08T22:24:01Z
- Projects
- tomingley · costerfield · bjorkdal
- Commodities
- gold · others
Alkane Nagambie earn-in transaction secures approvalsEconomic Arrangement · HighExtracted
Conditional spend thresholds, withdrawal rights, proportional JV funding, infrastructure access and dilution-to-royalty terms.
- Document ID
- doc-alk-20260409-nagambie
- Published UTC
- 2026-04-09T00:00:00Z
- Projects
- nagambie
- Commodities
- gold · others
Alkane executes A$110 million revolving credit facilityEconomic Arrangement · HighExtracted
Three-year initial tenor, discretionary extensions and no mandatory additional gold hedging; not relied on as permanent cash.
- Document ID
- doc-alk-20260330-rcf
- Published UTC
- 2026-03-30T00:00:00Z
- Projects
- —
- Commodities
- —
Amendment - Auditor Independence DeclarationResults · MediumMetadata Only
Inventoried local issuer copy; material financial and operating disclosures superseded by the audited FY26 annual report and latest production update. No new valuation input taken from this copy.
- Document ID
- doc-alk-20260216-e234c428
- Published UTC
- 2026-02-16T02:30:10Z
- Projects
- tomingley · costerfield · bjorkdal
- Commodities
- gold · others
Q2 FY 2026 Earnings Conference CallResults · MediumMetadata Only
Inventoried local issuer copy; material financial and operating disclosures superseded by the audited FY26 annual report and latest production update. No new valuation input taken from this copy.
- Document ID
- doc-alk-20260213-45b7a4b8
- Published UTC
- 2026-02-13T04:44:15Z
- Projects
- tomingley · costerfield · bjorkdal
- Commodities
- gold · others
Q2 & H1 FY2026 Record Operating & Record Financial ResultsResults · MediumMetadata Only
Inventoried local issuer copy; material financial and operating disclosures superseded by the audited FY26 annual report and latest production update. No new valuation input taken from this copy.
- Document ID
- doc-alk-20260213-28d5b9ef
- Published UTC
- 2026-02-12T22:31:08Z
- Projects
- tomingley · costerfield · bjorkdal
- Commodities
- gold · others
Half Year Financial Accounts & Appendix 4DResults · MediumMetadata Only
Inventoried local issuer copy; material financial and operating disclosures superseded by the audited FY26 annual report and latest production update. No new valuation input taken from this copy.
- Document ID
- doc-alk-20260213-85e8e22f
- Published UTC
- 2026-02-12T22:24:03Z
- Projects
- tomingley · costerfield · bjorkdal
- Commodities
- gold · others
Quarterly Activity ReportResults · MediumMetadata Only
Historical or duplicate local issuer release inventoried; latest annual accounts and September update provide selected current evidence. No unchecked facts imported.
- Document ID
- doc-alk-20260127-5234b977
- Published UTC
- 2026-01-26T21:29:18Z
- Projects
- tomingley · costerfield · bjorkdal
- Commodities
- gold · others
Q1 FY2026 Earnings PresentationResults · MediumMetadata Only
Inventoried local issuer copy; material financial and operating disclosures superseded by the audited FY26 annual report and latest production update. No new valuation input taken from this copy.
- Document ID
- doc-alk-20251113-00a55180
- Published UTC
- 2025-11-13T09:26:31Z
- Projects
- tomingley · costerfield · bjorkdal
- Commodities
- gold · others
Boda-Kaiser_Scoping_StudyStudy · HighPartial
Primary-source financial, operating, resource, ownership or study facts re-established for this fresh valuation; physical core tables visually inspected and retained in the source-view workpaper.
- Document ID
- doc-alk-20240710-boda-study
- Published UTC
- 2024-07-10T00:00:00+00:00
- Projects
- boda_kaiser
- Commodities
- gold · copper
Evidence facts141
110000000 AUD
2026-09-3016000000 AUD
2026-09-3021506 oz
2026-09-307835 oz
2026-09-3010482 oz
2026-09-30396 t
2026-09-3078-84 koz Au; AISC AUD2,600-2,900/oz Au text
2026-09-3044-48 koz AuEq; AISC AUD2,700-3,000/oz AuEq text
2026-09-3041-45 koz Au; AISC AUD3,300-3,700/oz Au text
2026-09-30935822000 AUD
2026-06-30228722000 AUD
2026-06-30431899000 AUD
2026-06-301115569000 AUD
2026-06-3015059000 AUD
2026-06-30460349000 AUD
2026-06-30173693000 AUD
2026-06-301366204821 shares
2026-09-041374493778 shares
2026-09-0917302000 t
2026-06-302.1 g/t
2026-06-301184000 oz
2026-06-303539000 t
2026-06-301.7 g/t
2026-06-30196000 oz
2026-06-3011401000 t
2026-06-301.7 g/t
2026-06-30641000 oz
2026-06-3082973 oz
2026-06-302.33 g/t
2026-06-3088.53 %
2026-06-301274507 t
2026-06-3020153000 AUD
2026-06-302429 AUD/oz
2026-06-30100 %
2026-06-301993000 t
2026-06-306.0 g/t
2026-06-30387000 oz
2026-06-30969000 t
2026-06-303.6 g/t
2026-06-30111000 oz
2026-06-30960000 t
2026-06-305.5 g/t
2026-06-30170000 oz
2026-06-3037134 oz
2026-06-309.72 g/t
2026-06-3093.97 %
2026-06-30129442 t
2026-06-3016153000 AUD
2026-06-30100 %
2026-06-3022474000 t
2026-06-302.07 g/t
2026-06-301497000 oz
2026-06-3012096000 t
2026-06-301.57 g/t
2026-06-30611000 oz
2026-06-3013121000 t
2026-06-301.33 g/t
2026-06-30563000 oz
2026-06-3038243 oz
2026-06-301.16 g/t
2026-06-3087.41 %
2026-06-301218334 t
2026-06-3044167000 AUD
2026-06-303979 AUD/oz
2026-06-30100 %
2026-06-30537000000 t
2026-06-300.32 g/t
2026-06-305573000 oz
2026-06-30258000000 t
2026-06-300.33 g/t
2026-06-302731000 oz
2026-06-30100 %
2026-06-301020000 t
2026-06-303.29 g/t
2026-06-30108000 oz
2026-06-30100 %
2026-06-300 %
2026-06-30100 %
2026-06-30100 %
2026-06-300 %
2026-06-3042000 t
2026-06-302.1 %
2026-06-3012900 t
2026-06-301.3 %
2026-06-3015000 t
2026-06-301.6 %
2026-06-301224 t
2026-06-301010000 t
2026-06-300.19 %
2026-06-30450000 t
2026-06-300.18 %
2026-06-30Medallion Metals text
2026-06-3011700000 AUD
2026-06-3030000000 shares
2026-06-30Sky Metals text
2026-06-301946000 AUD
2026-06-309000000 shares
2026-06-30Nagambie Resources text
2026-06-301500000 AUD
2026-06-30166700000 shares
2026-06-30Adavale Resources text
2026-06-30198000 AUD
2026-06-3020841000 t
2026-06-301380000 oz
2026-06-302.059536393839067 g/t
2026-06-30Underground and open pit text
2026-06-302962000 t
2026-06-30498000 oz
2026-06-305.229416423497637 g/t
2026-06-30Underground text
2026-06-3034570000 t
2026-06-302108000 oz
2026-06-301.8966192969164013 g/t
2026-06-30Underground and open pit text
2026-06-30795000000 t
2026-06-308304000 oz
2026-06-300.3248846180467925 g/t
2026-06-30Underground and open pit text
2026-06-301460000 t
2026-06-300.18364779874213835 %
2026-06-300.3 g/t AuEq open pit; 0.4 g/t AuEq underground text
2026-06-301020000 t
2026-06-30108000 oz
2026-06-303.293309308235294 g/t
2026-06-300 oz
2026-06-302 g/t
2026-06-302039 AUD/oz
2026-06-302817 AUD/oz
2026-06-30Divested Chile exploration subsidiary on 18 March 2026 text
2026-06-3020896 oz
2026-06-3010117 oz
2026-06-309935 oz
2026-06-301782500000 AUD
2024-07-1024 %
2024-07-1017 years
2024-07-10121032.5294117647 oz/year
2024-07-1024337.235294117647 t/year
2024-07-10630.4 AUD/oz
2024-07-103500 AUD/oz
2024-07-1015000 AUD/t
2024-07-101.77 AUD/share
2026-10-13Conflicts requiring judgment1
- FY26 group production
Annual 162,440 AuEq is statutory from acquisition date, while operational annual group 168,337 includes acquired mines before consolidation. Both retained with period labels; no mismatched financial denominator.