Alkane Resources and Mandalay Resources are pleased to announce the successful closing of their merger. The transaction was effected by way of a statutory plan of arrangement under the Business Corporations Act, whereby Alkane acquired all of the issued and outstanding common shares of Mandalay. Under the terms of the Arrangement, Mandalay [...]
Mandalay Resources is pleased to announce that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement under the Business Corporations Act, pursuant to which Alkane Resources will acquire all of the issued and outstanding common shares of Mandala. Under the Arrangement, shareholders of [...]
Mandalay Resources reports exploration results from the Brunswick South extension, part of the operating Costerfield gold-antimony mine. Highlights: Discovery sits just 300 m from active access drive along the Brunswick line. All three drillholes hit high-grade veining: 76.6 g/t Au over 0.49 m in BD387; 265.0 g/t Au and 0.7% Sb over 0.29 m in [...]
Mandalay Resources is pleased to announce that Mandalay shareholders have overwhelmingly approved a special resolution authorizing an arrangement under the Business Corporations Act pursuant to which Alkane Resources will indirectly acquire all of the issued and outstanding common shares of Mandalay at a special meeting of Mandalay Shareholders [...]
Mandalay Resources announces an exploration update on the True Blue discovery near the operating Costerfield gold-antimony mine. Highlights: Drilling confirms structural and grade continuity increasing confidence. Highlights include: 155.0g/t Au and 3.7% Sb or 164 g/t AuEq over 0.30 m in TB043; 19.9g/t Au and 2.1% Sb or 25 g/t AuEq over 3.10 m in [...]
Mandalay Resources reports continued exploration success at its Björkdal mine in Sweden, including the exciting discovery of a new underground high-grade skarn zone near existing mine development which could bring higher grades to the mill in the near-term. Additionally, ongoing infill and extension drilling to grow resources at the Main and North [...]
Mandalay Resources announces second quarter production results for the quarter ended June 30, 2025. Second Quarter Highlights: Quarter-end cash balance of $101 million, $13 million Q-o-Q increase despite significant sustaining and growth capital expenditures; Produced 22,554 consolidated gold equivalent ounces; Costerfield: 8,145 ounces of gold and [...]
Mandalay Resources is pleased to announce that it has mailed the management information circular and related materials for the special meeting of Mandalay shareholders to approve the previously announced plan of arrangement under the Business Corporations Act, pursuant to which Alkane Resources has agreed to indirectly acquire all of the issued and [...]
Mandalay Resources is pleased to announce that approval of the Australian Foreign Investment Review Board has been obtained in connection with the Company's previously announced plan of arrangement under the Business Corporations Act, pursuant to which Alkane Resources has agreed to indirectly acquire all of the issued and outstanding common shares [...]
Mandalay Resources is pleased to announce that regulatory approval in Sweden has been obtained in connection with the Company's previously announced plan of arrangement under the Business Corporations Act, pursuant to which Alkane Resources has agreed to indirectly acquire all of the issued and outstanding common shares of Mandalay. The regulatory [...]
Mandalay Resources is pleased to announce financial results for the first quarter ended March 31, 2025. The Company reported a robust year-over-year 41% increase in revenue to $78.1 million, along with improvements to net income. The Company's condensed and consolidated interim financial result for the quarter ended March 31, 2025, together with [...]
Mandalay Resources announced that its first quarter 2025 financial results will be released after market close on May 07, 2025, followed by a conference call and webcast for investors and analysts on May 08, 2025, at 10:00 AM. Interested investors and analysts may register and dial-in using the following dial-in link. Alternatively, the webcast and [...]
