Mandalay Resources Corp. is pleased to announce financial results for the first quarter ended March 31, 2024, supported by solid production results, disciplined capital allocation, and favorable metal prices. The Company's condensed and consolidated interim financial result for the quarter ended March 31, 2024, together with its Management's Discussion and Analysis for the corresponding period, can be accessed under the [...]
Mandalay Resources Corp. announced today that its first quarter 2024 financial results will be released after market close on May 08, 2024, followed by a conference call and webcast with Frazer Bourchier, President and Chief Executive Officer of Mandalay, for investors and analysts on May 09, 2024, at 8:00 AM . You may join by using the following dial-in number: Participant Number : 1-800-836-8184 Conference ID: 24355 [...]
Mandalay Resources Corp. announced today that it has expanded the Storheden gold deposit, 600 meters from the Björkdal mine, on-strike to over 1.6 kilometers and at depth of approximate 200 m with high-grade gold intercepts. This press release is the first in a series of updates on our 2024 regional exploration progress at Björkdal. Program Highlights Drilling confirms Storheden along strike to over 1.6 km; Doubled known [...]
Mandalay Resources Corp. announces strong first quarter production results marked by a notable increase in cash balance. All currency references in this press release are in U.S. dollars except as otherwise indicated. First Quarter Highlights: Mandalay's quarter-end cash balance was $47.1 million, a significant increase of $20.2 million as compared to year-end 2023; Consolidated gold equivalent production of 24,936 [...]
Mandalay Resources Corp. announces that it has filed its Annual Information Form for the year ended December 31, 2023. 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 has also filed an updated National Instrument 43-101 compliant Technical Report in respect of Costerfield gold-antimony mine in Australia. The Technical Report can be [...]
Mandalay Resources Corp. announced today that the Toronto Stock Exchange has approved its notice of intention to make a normal course issuer bid for a portion of its common shares . The NCIB will be made in accordance with the requirements of the TSX. Mandalay may begin to purchase Common Shares on or about February 27, 2024. Pursuant to Mandalay's prior NCIB dated January 18, 2023 to January 17, 2024, wherein Mandalay [...]
Mandalay Resources Corp. is pleased to announce its financial results for the fourth quarter and year ended December 31, 2023. The Company's audited consolidated financial result for the year ended December 31, 2023, together with its Management's Discussion and Analysis for the corresponding period, can be accessed under the Company's profile on www.sedar.com and on the Company's website at www.mandalayresources.com. All [...]
Mandalay Resources Corp. released today updated Mineral Reserves and Resources for the Costerfield mine in Victoria, Australia and an Interim Mineral Reserve update for its Björkdal mine in Västerbotten County, Sweden as at December 31, 2023. All dollar amounts in this press release are in U.S. dollars unless otherwise noted. Costerfield Mineral Reserves and Resources Highlights 559,000 tonnes at a gold grade of 10.5 g/t [...]
Mandalay Resources Corp. today announced that its fourth quarter and full-year 2023 financial results will be released after market close on February 22, 2024, followed by a conference call with Frazer Bourchier, President and Chief Executive Officer of Mandalay, for investors and analysts on February 23, 2024, at 8:00 AM . Analysts and interested investors may join by using the following dial-in number: Participant [...]
Mandalay Resources Corp. is pleased to announce the appointment of Hashim Ahmed as its new Executive Vice President and Chief Financial Officer , effective March 1, 2024. As previously announced, current CFO Nick Dwyer resigned for personal reasons and will be supporting the transition to Mr. Ahmed. Frazer Bourchier, President and CEO, commented: "We are delighted to welcome Hashim to Mandalay. His extensive industry [...]
Mandalay Resources Corp. announces its operating results for the fourth quarter and full-year 2023 and provides production and cost guidance for 2024. All currency references in this press release are in U.S. dollars except as otherwise indicated. Fourth Quarter and Full-Year 2023 Production Highlights: Consolidated full-year 2023 metal production was 89,809 gold equivalent ounces; Costerfield's highest quarterly gold [...]
Mandalay Resources Corp. is pleased to announce its financial results for the quarter ended September 30, 2023. The Company's condensed and consolidated interim financial statements for the quarter ended September 30, 2023, together with its Management's Discussion and Analysis for the corresponding period, can be accessed under the Company's profile on www.sedar.com and on the Company's website at [...]
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