TORONTO, Feb. 7, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) is pleased to announce that it has completed the purchase of Silver Standard Resources Inc.'s ("Silver Standard") (TSX: SSO, NASDAQ: SSRI) 100% interest in the Challacollo silver-gold project in Region I, Northern Chile (the "Project"). Terms of the purchase were as disclosed in the press release announcing the transaction on [...]
TORONTO, Jan. 16, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announced today its production and sales results for the fourth quarter and full year 2013. The Company is also re-affirming its production guidance for 2014. Brad Mills, Chief Executive Officer of Mandalay, commented "The strong fourth quarter at both operations led to record metal production from both operations for the [...]
TORONTO, Jan. 15, 2014 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) is pleased to announce the results of its first three, widely-spaced core holes drilled underground from the Dagny mine northeast to intersect the Fabiola and Yasna veins under Laguna Verde (click here for Figure 1 - Laguna Verde Drill Plan View). All three holes intercepted major veins, tentatively correlated with strike [...]
TORONTO, Dec. 20, 2013 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) is pleased to announce that it has signed a definitive purchase agreement (the "Purchase Agreement") with Silver Standard Resources Inc. ("Silver Standard") (NASDAQ: SSRI) (TSX: SSO) to acquire the past-producing Challacollo silver property (the "Project") in Region 1, Northern Chile by purchasing all of the shares of Silver [...]
TORONTO, Nov. 5, 2013 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announced today revenues of $50.3 million, EBITDA of $22.9 million and net income of $10.9 million or $0.03 per share for the third quarter of 2013. In accordance with the Company's dividend policy, Mandalay's Board of Directors declared a quarterly dividend of $3,019,156 (6% of the trailing quarter's gross revenue), or $0.0093 [...]
TORONTO, Oct. 10, 2013 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX:MND) announced today that the Toronto Stock Exchange (the "TSX") has approved its notice of intention to renew its normal course issuer bid for a portion of its common shares ("Common Shares"). The normal course issuer bid will be made in accordance with the requirements of the TSX. Mandalay may begin to purchase Common Shares on [...]
TORONTO, Oct. 10, 2013 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) is pleased to announce that it has filed a Preliminary Economic Assessment ("PEA") for the Cuffley lode at its Costerfield gold-antimony mine located in Victoria, Australia. The PEA, announced in a press release dated September 10, 2013, is titled "Mandalay Resources Costerfield Operation Victoria, Australia Preliminary [...]
TORONTO, Oct. 7, 2013 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announced today its production and sales results for the third quarter of 2013. Brad Mills, Chief Executive Officer of Mandalay, commented, "Mandalay continued its strong operating performance in the third quarter of 2013. Costerfield produced and sold record amounts of gold and antimony during the quarter. The higher [...]
TORONTO, Sept. 30, 2013 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) is pleased to provide an update on drilling results generated by the ongoing exploration program at its 100%-owned Cerro Bayo silver-gold mine in Aysen, Chile. Results presented here were acquired from January 1, 2013 to August 30, 2013. Highlights of these results include: Resource Extension and Infill Drilling [...]
TORONTO, Sept. 10, 2013 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) is pleased to provide the following update for its Costerfield gold-antimony mine in Victoria, Australia: the Company has completed a Preliminary Economic Analysis ("PEA") of the Cuffley mine life extension, demonstrating enlarged Mineral Resources net of depletion relative to previously announced, year-end 2012 Mineral [...]
Canada NewsWire TORONTO, Aug. 8, 2013 TORONTO, Aug. 8, 2013 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announced today revenues of $35.9 million and EBITDA of $10.9 million for the second quarter of 2013 and net income of $3.1 million ($0.01 per share). In accordance with the Company's dividend policy, Mandalay's Board of Directors declared a quarterly dividend of $2,154,210 (6% of the [...]
TORONTO, July 22, 2013 /CNW/ - Mandalay Resources Corp. ("Mandalay" or the "Company") (TSX: MND) announces that ore production has resumed in the Fabiola mine at its Cerro Bayo operations in Aysen, Chile. Capital development at the bottom of the ramp in Fabiola remains suspended pending completion of investigations into the recent fatality. About Mandalay Resources Corp.: Mandalay Resources is a Canadian-based natural [...]