JV Video: Mandalay Resources aims for acquisitions

Mandalay Resources CEO Frazer Bourchier PDACMandalay Resources is considering growth by exploration and acquisition, CEO says. Credit: The Northern Miner

Mandalay Resources has a three-pronged strategy to expand into a mid-tier gold producer, president and CEO Frazer Bourchier says in a new video.

Toronto-based Mandalay is maintaining cash flow from its Bjorkdal mine in Sweden and Costerfield mine in Victoria, Australia, each producing about 50,000 oz. a year of gold. It’s also exploring on and near the sites to expand operations, Bourchier said.

“Our third strategy is really looking at strategic opportunities with other producers like ourselves,” he told The Northern Miner‘s Western Editor, Henry Lazenby. They “might be sitting there a little bit by themselves, maybe looking unloved, maybe not large in size and scale,” Bourchier said.

Watch the full conversation below.

JV Videos are paid-for content in arrangement with The Northern Miner.


Be the first to comment on "JV Video: Mandalay Resources aims for acquisitions"

Leave a comment

Your email address will not be published.


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.