Geomechanics.io

  • Free Tools
Sign UpLog In
Built byBoxcut Studio

Geomechanics.io

Geomechanics, Streamlined.

© 2026 Geomechanics.io. All rights reserved.

Geomechanics.io

CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

Industries

MiningConstructionTunnelling

Company

Terms of UsePrivacy PolicyLinkedIn
    Projects

    Alkane’s ‘power of three’ profit: project funding signals for mine planners

    May 15, 2026|

    Reviewed by Tom Sullivan

    Alkane’s ‘power of three’ profit: project funding signals for mine planners

    First reported on Australian Mining

    30 Second Briefing

    Alkane Resources has reported a record quarterly net profit of $93 million, its strongest result to date, driven by what management calls a “power of three” strategy across its gold operations and project pipeline. The result comes from higher-grade ore feed and improved recoveries at its existing gold assets, combined with disciplined cost control and advancing its Boda porphyry discovery in New South Wales. For mine planners and geotechs, the cash build strengthens Alkane’s capacity to fund further drilling, resource definition and potential underground development without immediate external capital.

    Technical Brief

    • For similar gold porphyry projects, internally funded work programs typically allow more aggressive infill and geohazard characterisation.

    Our Take

    The record A$93 million quarterly net profit from Alkane Resources comes on the heels of its March quarter update showing 45,776oz gold-equivalent output at Tomingley, suggesting the mine is now throwing off enough cash to materially reduce reliance on the recently secured A$110 million revolving credit facility plus A$40 million working capital line.

    With Alkane’s cash, bullion and listed investments already reported at A$374 million, this profit performance positions the company at the stronger end of Australian gold producers in our database for balance sheet flexibility, giving it more room to advance Tomingley extensions in New South Wales without immediate equity dilution.

    Exploration success at Tomingley and the new gold-bearing structure reported in February indicates that these profits are being generated from an asset with growing resource upside, which typically supports longer mine life assumptions and can justify higher sustaining capital in future project studies compared with many single-lode gold operations in our Mining–Projects coverage.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Expander pivot pins: reducing long-term maintenance costs for mine fleets
    Mining
    about 4 hours ago

    Expander pivot pins: reducing long-term maintenance costs for mine fleets

    Hidden costs from traditional pivot pin maintenance on haul trucks, forestry harvesters and excavators are driving interest in Expander System’s oversized pivot pins with tapered sleeves, according to Nord-Lock Group head of sales Robin Persson. The retrofit design allows installation in worn pivot eyes without line boring or welding, using conical sleeves to create full-surface contact and reduce clearance growth. For mine maintenance teams, this can cut repeated pin replacement shutdowns and lower life-cycle costs on high-load joints such as dump body hinges, loader booms and articulation points.

    Canadian Chrome Company First Nations committee: M&A risk notes for project teams
    Mining
    about 4 hours ago

    Canadian Chrome Company First Nations committee: M&A risk notes for project teams

    Canadian Chrome Company has formed a three-person First Nations steering committee, including former Attawapiskat Chief Theresa Okimaw-Hall and former Marten Falls Chief Lawrence Baxter, to advise on its Ring of Fire chromite, nickel, copper and platinum assets in Ontario’s James Bay Lowlands. The committee will provide Indigenous perspectives to prospective buyers or partners ahead of any sale or merger involving CCC’s 90% interest in the Koper Lake project and 30% in the Big Daddy project. Both projects remain at pre‑PFS stage, with no new economic analysis disclosed.

    Boron One Serbia PEA update: economics and design notes for mine planners
    Mining
    about 4 hours ago

    Boron One Serbia PEA update: economics and design notes for mine planners

    Boron One’s updated PEA for the Piskanja underground boron project in southern Serbia lifts the after-tax IRR to 89% and NPV (10% discount) to US$558.8 million, with unchanged initial capex of US$79.9 million and a sub‑one‑year payback, but shortens mine life to 13 years and trims average annual EBITDA to US$87.7 million. The plan now targets average yearly output of 157,600 tonnes of colemanite, 83,800 tonnes of ulexite and 25,000 tonnes of boric acid, at all‑in sustaining costs of US$231.44 per tonne. The revised study incorporates new geotechnical testing, a 3D resource model by borate type and a binding offtake for at least 25,000 tonnes of boron products per year, subject to permitting and plant qualification.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    Tunnelling

    Specialised solutions for tunnelling projects including grout mix design, hydrogeological analysis, and quality control.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.

    AllGeotechnicalInfrastructureHazardsEnvironmental