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.

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

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

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

Australia's Alkane Resources agreed to acquire Canada's Mandalay Resources in an all-stock deal valued at A$559.1M (~US$358M) ...

High gold prices are seeing an increase in M&A activity in the sector with the latest involving the merger of ... Read More ...

Australia's Alkane Resources will acquire Canada's Mandalay Resources in an all-share deal valued at A$559.1 million ($357.8 million), the companies said on Monday, creating a combined diversified ...

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

Alkane Resources (ASX:ALK) and Mandalay Resources Corporation (TSX:MND) have agreed to a merger, creating a significant ...

When a massive earthquake hit Myanmar last month, centuries of sacred history tumbled down -- towering Buddha idols, ...

Merger of Equals Increases Scale and Benefits All ShareholdersCreates powerful platform underpinned by a shared vision for growth.Three cash-generating mines in premier mining jurisdictions with stron ...

Alkane Resources intends to grow to become one of Australia's leading multi-mine gold and copper producers. The Company's current gold production is from the Tomingley Gold mine in New South Wales, ...