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Alkane to acquire Mandalay Resources in $358M deal

Cecilia Jamasmie | April 28, 2025 | 3:46 am Markets Australia Europe Gold 

Australia’s Alkane Resources (ASX: ALK) will acquire Canada's Mandalay Resources (TSX: MND) in an all-share deal valued at almost A$560 million ($358 million), creating a combined diversified gold and antimony producer. Under a court-approved plan of arrangement, Alkane will buy...

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