Mandalay Resources Corp. 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 137 tonnes of antimony for 11,371 ounces of gold equivalent [...]
Mandalay Resources Corp. 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 Ltd. has agreed to indirectly acquire all of the issued and outstanding common shares of Mandalay . Under the Arrangement [...]
Mandalay Resources Corp. 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 Ltd. has agreed to indirectly acquire all of the issued and outstanding common shares of Mandalay . On June 26, 2025, FIRB provided written [...]
Mandalay Resources Corp. 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 Ltd. has agreed to indirectly acquire all of the issued and outstanding common shares of Mandalay . The regulatory approval received by the Swedish Inspectorate of Strategic [...]
Mandalay Resources Corp. 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 its Management's Discussion and Analysis for the corresponding period [...]
Mandalay Resources Corp. announced today 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 presentation slides may be accessed using the following [...]
Creates powerful platform underpinned by a shared vision for growth. Three cash-generating mines in premier mining jurisdictions with strong organic growth. Projected gold equivalent production of ~160,0001 ounces in 2025, increasing to over ~180,0002 ounces in 2026. Robust proforma balance sheet: A$188 / C$167 million cash to fuel growth as at 31 March 20253. Increased scale and trading liquidity anticipated to drive [...]
Mandalay Resources Corp. announces solid first quarter production results for the quarter ended March 31, 2025. First Quarter Highlights: Consolidated gold equivalent production of 22,342 ounces; Costerfield production of 9,549 gold ounces and 161 tonnes of antimony for 11,515 ounce of gold equivalent; Björkdal production of 10,827 gold ounces - two consecutive quarters of increased production; Consolidated gold [...]
Mandalay Resources Corp. announces that it has filed its Annual Information Form for the year ended December 31, 2024. The AIF can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at www.mandalayresources.com. Mandalay also filed updated National Instrument 43-101 compliant Technical Reports documenting its recent work at its Björkdal gold mine in Sweden and its Costerfield [...]
Mandalay Resources Corp. announced its financial results for the fourth quarter and year ended December 31, 2024. The Company delivered record revenue and significant cash flow growth, highlighting its commitment to operational excellence and financial discipline. Fourth Quarter 2024 Highlights: Cash Flow: Generated $38.5 million in cash flow from operating activities and $24.6 million free cash flow1, respectively [...]
Mandalay Resources Corp. announces updated Mineral Reserves and Resources for the Costerfield gold-antimony mine in Australia and the Björkdal gold mine in Sweden as at December 31, 2024. All dollar amounts in this press release are in U.S. dollars unless otherwise noted. Consolidated Highlights Total Mineral Reserves of 815,000 gold equivalent ounces1, a 9% increase net of depletion. Total Mineral Measured and Indicated [...]
Mandalay Resources Corp. announced today that its fourth quarter and year-end 2024 financial results will be released after market close on February 20, 2025, followed by a conference call and webcast for investors and analysts on February 21, 2025, at 10:00 AM . Interested investors may register and dial-in using the following link. Alternatively, please register for the webcast here. The webcast will be archived on the [...]