Australia's Alkane Resources will acquire Canada's Mandalay Resources in an all-share deal valued at A$559.1 million ($357.8 ...

Australian mining company Alkane Resources has signed a definitive arrangement agreement with Canadian miner Mandalay ...

Merger of Equals Increases Scale and Benefits All Shareholders PERTH, Australia and TORONTO, April 27, 2025 (GLOBE NEWSWIRE) ...

In the aftermath of the huge 7.7 magnitude earthquake that struck Myanmar on 28 March, life-saving aid efforts led by the UN ...

Australia's Alkane Resources and Canada’s Mandalay Resources have agreed to merge in an all-share transaction valued at about ...

As survivors face ongoing hardships—searing heat, collapsing infrastructure, and a lack of support from the military ...

Many who lost their homes to the deadly earthquake that struck central Myanmar one month ago say they have received little to ...

Mandalay, Myanmar’s second-largest city, bore the heaviest toll of death and destruction when the 7.7-magnitude earthquake ...

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 ...

The companies said Sunday they had agreed to combine in a merger of equals transaction. Alkane will acquire all the shares of Mandalay at a ratio of 7.875 shares per Alkane share.

The merged company will operate under Alkane Resources and expects to produce 160,000 gold-equivalent ounces in 2025.

Residents in Mandalay, Myanmar's second-largest city, speak of despair and sleepless nights since last week's earthquake.