Mandalay expects Japanese smelter to lift force majeure

Dowa Metals and Mining says it plans to ramp up its Kosaka smelter in Japan and will likely lift a force majeure on concentrate shipments “shortly thereafter”, according to TSX-listed Mandalay Resources. Dowa is the main customer for...

Freeport says Mitsubishi smelter halt won't have significant effect

Freeport-McMoRan Copper & Gold does not expect a significant effect on shipments after Japan's Mitsubishi Materials said it will stop operations at a copper smelter following a devastating earthquake and tsunami. “We have been notified that...

Mandalay mulls reprocessing tailings at Chile mine - CEO

TSX-listed Mandalay Resources, which aims to produce 1,9-million ounces of silver and 15 000 oz of gold this year at its Chilean Cerro Bayo mine, could lift output in the near term from processing low-grade waste dumps, CEO Brad Mills said on...

Mandalay sees Cerro Bayo cash-flow positive from Jan 2011

Since taking over as CEO at TSX-listed Mandalay Resources a year ago, former Lonmin boss Brad Mills has overseen two snappy acquisitions, and has more up his sleeve. The company last month closed the buyout of the mothballed Cerro Bayo silver...

Ex-Lonmin chief Brad Mills now keen on Chile

Brad Mills has been keeping a low profile since his abrupt exit as boss of number-three platinum producer Lonmin, but last month the company he now heads, Mandalay Resources, graduated to the TSX main board. Mandalay, with a market...

Mandalay gets green light for graduation to TSX

TSX Venture Exchange-listed Mandalay Resources has received conditional approval to list its shares on the TSX, the firm announced on Friday. The company is still waiting for confirmation of the date when the shares will start trading on the TSX,...