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

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

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

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

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 no aid from the military regime ...

Aftershocks continue to sow fear across Myanmar, where millions remain in desperate need of humanitarian aid a full month ...

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

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

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

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.