Mandalay resources corporation

Mandalay Resources Corporation is a Canada-based natural resource company with producing assets in Australia Costerfield gold-antimony mine and Sweden Bjorkdal gold mine.

Labrador Gold is a Canadian based mineral exploration company exploring for tier-one gold discoveries in Newfoundland. Labrador recently Register or Login to Access Entire Platform. February 23, Read More. February 22,

Mandalay resources corporation

Mandalay Resources Corporation is a Canada-based natural resource company with producing assets in Australia Costerfield gold-antimony mine and Sweden Bjorkdal gold mine. The Costerfield mine operation is located in Victoria, Australia, within the Costerfield mining district, approximately 10 kilomet ers km northeast of the town of Heathcote, Victoria. The Bjorkdal operation is located within the Boliden mining district, approximately 28 km northwest of the municipality of Skelleftea and approximately km north of Stockholm. Financial Times Close. Search the FT Search. Show more World link World. Show more US link US. Show more Companies link Companies. Show more Tech link Tech. Show more Markets link Markets. Show more Opinion link Opinion. Show more Personal Finance link Personal Finance. Actions Add to watchlist Add to portfolio Add an alert.

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All currency references in this press release are in U. Reaching a net debt free position has been one of the major goals of the Company and it is a credit to the Mandalay team the degree to which the Company has been turned around over the past three years. This strong mine operating margin reflects the constant high-grade feed of The processing plant recorded a gold recovery rate of The underground ramp up continued as we mined approximately , tonnes; on pace to exceed our result of 1. The processed head grade for the quarter was 1. In the second half of , we expect grades to increase as we mine the higher-grade areas within the Aurora zone and continue to focus on dilution control.

Mandalay resources corporation

The narrow quartz-stibnite-gold veins of the Melbourne Zone are mesothermal to orogenic in nature and are a product of a Ma to Ma tectonic event. Gold in Central Victoria is believed to have been derived from the Cambrian greenstones that underlie the entire province at depth, however the origin of the associated antimony has been less studied. The mineralisation at Costerfield occurs as narrow veins or lodes, typically less than 50 cm wide and hosted within unmetamorphosed anchizone mudstone and siltstone of the Lower Silurian Costerfield Formation. Typical lode material at Costerfield consists of gold-bearing quartz and carbonate with massive stibnite either as the latest stage vein fill or segregated to one contact of the vein. A variety of accessory minerals are associated with the mineralisation, including pyrite, arsenopyrite, aurostibite, pyrrhotite, muscovite, sphalerite and galena within the vein.

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The Company is focused on growing its production and reducing costs to generate significant positive cashflow.

Troilus Gold Corp. Show more Personal Finance link Personal Finance. November 4, Any information that you receive via FT. October 17, Troilus Gold Corp. About the company Mandalay Resources Corporation is a Canada-based natural resource company with producing assets in Australia Costerfield gold-antimony mine and Sweden Bjorkdal gold mine. May 11, May 12, Regulus Resources Inc. Cancel Continue. In the third quarter of , Mandalay produced 16, saleable ounces of gold equivalent Third Quarter Production Highlights: 22, saleable gold ounces produced during Q All markets data located on FT.