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.

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 ...

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

Australia's Alkane Resources (OTCPK:ALKEF) said late Sunday it agreed to acquire Canada's Mandalay Resources (OTCQB:MNDJF) in ...

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

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

Myanmar marked one month since suffering its fiercest earthquake in more than a century on Monday, with military bombardments ...

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

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

A look at the shareholders of Mandalay Resources Corporation (TSE:MND) can tell us which group is most powerful. We can see that individual investors own the lion's share in the company with 29% ...

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

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, ...