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 ...

Highlights,The merger aims to increase gold production to over 180,000 ounces next year.,Alkane Resources will acquire all Mandalay Resources shares, enhancing their market capitalization beyond A$1 ...

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 ...

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 ...

Highlights,Alkane Resources will acquire Mandalay Resources' common shares to establish a combined entity.,The merger focuses on enhancing gold and antimony production from three key mining operations ...

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 ...

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 ...

The combined company will benefit from the operations of three mines. Credit: Pavel Kapysh/Shutterstock. Australian mining company Alkane Resources has signed a definitive arrangement agreement with ...

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. Another gold ...