PERTH, Australia and TORONTO, April 27, 2025 (GLOBE NEWSWIRE) — Alkane Resources Limited (ASX: ALK) (“Alkane”) and Mandalay Resources Corporation (“Mandalay ...

Alkane and Mandalay merge in a $707 million deal, forming a diversified gold and antimony producer. The combined output is expected to exceed 180,000 oz by 2026, with costs forecast to drop by ...

Australia's Alkane Resources and Canada’s Mandalay Resources have agreed to merge in an all-share transaction valued at about A$1.01-billion (C$898-million), creating a diversified gold and ...

High prices are seeing an increase in M&A activity in the gold sector with the latest involving the merger of two producers, ASX-listed Alkane Resources and TSX-listed Mandalay Resources.

Shares of Mandalay Resources rose after the company said over the weekend that it would merge with Australia's Alkane Resources. The stock rose 5.5% to 5.41 Canadian dollars ($3.90) in late ...

Australia's Alkane Resources (OTCPK:ALKEF) said late Sunday it agreed to acquire Canada's Mandalay Resources (OTCQB:MNDJF) in an all-stock deal valued at A$559.1M (~US$358M), creating a combined ...

Alkane Resources and Mandalay Resources have merged as equals, combining their assets to form a billion dollar gold-antimony company. Alkane Resources (ASX:ALK) and Mandalay Resources (TSX:MND ...

West Perth-based Alkane Resources has filed documents to merge with Canada-based Mandalay Resources Corporation, with the market cap of the combined entity valued around $1 billion. “Mandalay’s two ...

PERTH, Australia and TORONTO, April 27, 2025 (GLOBE NEWSWIRE) -- Alkane Resources Limited (ASX: ALK) ("Alkane”) and Mandalay Resources Corporation ("Mandalay”) (TSX: MND, OTCQB: MNDJF) are pleased to ...

Australia’s Alkane Resources (ASX: ALK) will acquire Canada’s Mandalay Resources (TSX: MND) in an all-share deal valued at almost A$560 million ($358 million), creating a combined diversified ...

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 ...

Australia’s Alkane Resources Ltd. is buying Canada’s Mandalay Resources Corp. MND-T in a US$358-million transaction driven by the contention that bigger is better in the gold industry.