About Mandalay Resources Corporation: Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine). The Company is focused on growing its production and reducing costs to generate significant positive cashflow.
Mandalay Resources Corporation Announces Record Financial ... Costerfield gold-antimony mine, Victoria, Australia In the second quarter of 2012, Costerfield produced a record salable 4,122 oz Au and 612 t Sb, ... In the second quarter of 2012, the Costerfield mine achieved record ore delivery, producing 24,714 t, versus 19,093 t in the previous ...
Through innovative practices, Mandalay has demonstrated the potential for sustained ongoing reserve replacement. In 2024, the Company's primary focus has been on the continued …
After just two years of focused mine development and production ramp-up, complemented by continuous improvement to reduce operating costs, and an intensive programme of exploration, Mandalay is poised to make the transition …
Costerfield Operations is governed by the laws of The Corporations Act 2001 (Australia). Mandalay Resources (Chile) SPA ("Mandalay Chile") is a private Chilean company, incorporated by Mandalay under the laws of Chile on March 15, 2010. The Corporation owns a interest in …
Mineral Reserves and Resources. By the end of 2021, we extended Costerfield's life of mine by two years to 2027. Costerfield's total Mineral Reserves as of December 31, 2021, were 769,000 tonnes at 12.6 grams per tonne gold and 2.5% antimony for a contained amount of 312,000 gold ounces and 19,500 tonnes antimony.
Mandalay Resources 155 University Ave Suite 720 Toronto, ON M5H 3B7 Canada Phone 647-258-9722
2023 Environmental, Social and Governance Report | Mandalay Resources 3 About Mandalay Mandalay Resources Corporation ("Mandalay" or "the Company") is a Canadian-based natural resource company with two producing assets: The Costerfield gold-antimony mine ("Costerfield") in Australia and The Björkdal gold mine (Björkdal) in Sweden.
Mandalay has a successful history of doing this, including: Costerfield, Björkdal and at Cerro Bayo in Chile, which has been optioned to Equus Mining.
Mandalay Resources Corporation Announces Financial Results for the First Quarter of 2012 . TORONTO, ON, May 9, 2012 -- Mandalay Resources Corporation ("Mandalay" or the ... Costerfield mine in Victoria, Australia, was the second highest since the Company restarted ... production ramp-up and exploration at Cerro Bayo this year. With continued ...
About Mandalay Resources Corporation: Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine). The Company is focused on growing its production and reducing costs to generate significant positive cashflow.
to production and safety, another primary focus will be exploration as we ramp up the spending and drilled meters at both sites over the course of 2021. We expect this to unlock further value and extend mine life of our assets." Mr. Duffy concluded, "Looking ahead, Mandalay is planning to begin a trial processing of waste
Mandalay Resources is a Canadian-based resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine). The Company is focused on growing its production and reducing costs to generate significant positive cashflow. ... Mandalay Resources Delivers Strong Second Quarter 2024 Financial Results ...
MANDALAY RESOURCES CORPORATION ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER 2022 ... The underground ramp up continued as we mined approximately 316,000 tonnes; on pace to exceed our 2021 result of 1.1 million tonnes from the ... Costerfield gold-antimony mine, Victoria, Australia Costerfield produced 12,197 ounces of gold and 683 …
"For the last 15 years, Mandalay has successfully produced gold and antimony from its Costerfield mine, with standout periods of exceptional production, especially in the last five years from...
the aim of building a new economic panel for extension of Costerfield mine by testing below the Brunswick orebody and workings. Figure 1. Perspective representation looking west of the Costerfield mine workings and major veining. Veining unchanged during 2023 in red and discovered or updated veining in varied colours to link with below long ...
Costerfield Mineral Reserves and Resources Highlights • 559,000 tonnes at a gold grade of 10.5 g/t and 1.9% antimony, for an approximate 188,000 ounces of gold and 10,600 tonnes of …
Mandalay Resources 155 University Ave Suite 720 Toronto, ON M5H 3B7 Canada Phone 647-258-9722
Costerfield • 2-to-5-year Reserve life since 2012 • Total discovery cost for M&I Resources: $42/oz AuEq2 Björkdal • Increase M&I Resources since 2015 while replacing Reserves • Total discovery cost for M&I Resources: $15/oz Au3 (1) Consolidated since 2015 (2) From 2010 to 2023 (3) From 2016 to 2023 TSX: MND Costerfield M+I vs ...
Mr. Jentz brings over 20 years of experience in mining operations, board governance and M&A investment banking. Among his significant contributions to the industry is his role in the growth of SEMAFO, a gold mining company that successfully acquired, developed, and operated four mines, leading to its eventual C$1 billion sale. Mr. Jentz holds an HBSc degree from the …
/CNW/ - Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX-V: MND), is pleased to announce that the previously-disclosed ramp-up at its ... Mandalay Resources Delivers ...
Mr. Self was a leader of Emergency Response Team, attaining a Certificate 4 in Public Safety (Leadership), and Certificate 3 Mine Emergency Response and Rescue. Mr. Self has been with Mandalay's Costerfield operation since 2018, originally as Technical Services Superintendent, and since 2019 in the role of Mine Manager.
About Mandalay Resources Corporation: Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine). The Company is focused on growing its production and reducing costs to generate significant positive cashflow.
Mineral Reserves at Costerfield of gold and antimony net of depletion by 25% and 22% respectively, extending the mine life from three years to between four and five years. This represents the longest reserve mine life Costerfield has had during Mandalay's ownership. We
During 2022 and 2023, at Costerfield, Mandalay drilled a total of 82.9 kilometers ("km") of exploration diamond core. The breakdown of this drilling campaign was as follows: 27.0 km to test...
COSTERFIELD GOLD-ANTIMONY MINE, AUSTRALIA . TORONTO, ON, July 9, 2012 -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, MND.WT) is pleased to provide an update on exploration, Mineral ... plus Inferred Resources of at least five years, including E, W, N, and Cuffley lodes, that ramp up to at least 9,000 t per month of ...
Currently, Youle and Shepherd are the main source of material for Costerfield. The mining method employed is long-hole stoping with cemented rock fill. Ore is accessed by a primary spiral …
Costerfield Near Mine. Shepherd Surrounds: Further extensions near multiple Shepherd veins Brunswick Deeps: Indications of Shepherd and Youle style veins at depth and to the north of Brunswick Cuffley Deeps: Testing the strike and depth extensions of Cuffley Deeps and Sub KC resources Björkdal. Higher-Grade Resources. Eastern extension is proving to lift current ore …
Mandalay Resources is a Canadian-based resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine). The Company is focused on growing its production and reducing costs …
Over the last six years, Mandalay Resources has increased production rates and improved safety outcomes at its Costerfield mine in Victoria, Australia M McCarthy MAusIMM, Mine Manager, Mandalay Costerfield Operations Pty Ltd The Costerfield mine is an underground operation utilising narrow-mining techniques to extract vertical veins.
About Mandalay Resources Corporation: Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia, Sweden and producing and exploration projects in Chile. The Company is focused on generating near-term cash flow and shareholder value. 2019E 2020E 2021E Björkdal
