TORONTO, Jan. 16, 2023 /CNW/ - 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 January [...]
Mandalay Resources Corp. announced today its production and sales results for the fourth quarter and full-year 2022 and provides production and cost guidance for 2023. 2022 Production Highlights: Consolidated full-year 2022 production of 105,906 saleable gold equivalent ounces; and Full-year consolidated saleable gold equivalent sold was 106,094 [...]
Mandalay Resources Corp. today announced that Dominic Duffy has advised the board of directors of his decision to resign as President and Chief Executive Officer for personal reasons. Mr. Duffy will continue to serve as CEO and assist with the transition of leadership until his departure in July 2023. He will also remain on the board in a [...]
Mandalay Resources Corp. is pleased to announce that it has entered into a credit agreement with The Bank of Nova Scotia providing for a senior secured revolving credit facility in an aggregate amount of up to US$35 million . The initial drawdown under the Revolving Credit Facility will be used to repay the Company's existing syndicated facility [...]
Mandalay Resources Corp. is pleased to announce its financial results for the third quarter ended September 30, 2022. The Company's condensed and consolidated interim financial results for the quarter ended September 30, 2022, together with its Management's Discussion and Analysis for the corresponding period, can be accessed under the Company's [...]
Mandalay Resources Corp. today announced that its third quarter 2022 financial results will be released after market close on November 09, 2022, followed by a conference call with Dominic Duffy, President and Chief Executive Officer of Mandalay, for investors and analysts on November 10, 2022, at 8:00 AM . Analysts and interested investors are [...]
Mandalay Resources Corp. announced today its production and sales results for the third quarter of 2022. Third Quarter Production Highlights: Consolidated saleable gold equivalent production and sales of 27,287 and 26,551 ounces respectively. Revised 2022 Guidance: Revised 2022 production guidance to 106,000 - 115,000 gold equivalent ounces, from [...]
Mandalay Resources Corp. is pleased to provide an update on drilling progress at its Costerfield operation in Victoria, Australia. New Drilling Highlights: Shepherd infill drilling supports and extends high-grade veining to the north and extends and upgrades southern portion. 234.7 g/t gold over 4.17 m in BC262; 377.4 g/t gold over 0.54 m in BC371 [...]
Mandalay Resources is pleased to announce that yesterday it completed the previously announced definitive agreement with Aftermath Silver on November 12, 2019, in which Aftermath will acquire Minera Mandalay Challacollo Limitada, which currently owns the Challacollo silver-gold project located in Region of Chile. Pursuant to the terms of the [...]
Mandalay Resources is pleased to announce its financial results for the quarter ended June 30, 2022. The Company’s condensed and consolidated interim financial results for the quarter ended June 30, 2022, together with its MD&A for the corresponding period, can be accessed under the Company’s profile on sedar.com and on the Company’s website [...]
Mandalay Resources announced that its first quarter 2022 financial results will be released after market close on August 10, 2022, followed by a conference call with Dominic Duffy, President and Chief Executive Officer of Mandalay, for investors and analysts on August 11, 2022, at 8:00 AM. Analysts and interested investors are invited to [...]
Mandalay Resources announced its production and sales results for the second quarter of 2022. Second Quarter Production Highlights: Consolidated saleable gold equivalent production and sales of 23,305 and 26,781 ounces respectively; and Costerfield achieves an average processing gold equivalent head grade¹ of 17.1 g/t, resulting in 14,989 gold [...]