Mandalay Resources Reports Stable Production and Strong Financial Position

Mandalay Resources Corporation announces second quarter production results for the quarter ending June 30, 2025. The company had $101 million in cash at the end of the quarter, produced 22,554 consolidated gold equivalent ounces, and launched a new dam at Costerfield. The CEO highlighted the strong financial position and operational results, with plans to merge with Alkane. Production for the quarter included 19,328 ounces of gold and 137 tons of antimony. Sales for the quarter totaled 18,822 ounces of gold and 83 tons of antimony. Björkdal sold 11,460 ounces of gold, while Costerfield sold 7,362 ounces of gold and 83 tons of antimony.

Read more at GlobeNewswire: Mandalay Resources rapporterar stabil produktion under