https://newsletter.mw.creamermedia.com
Business|Gold|Mining|Resources|Products|Operations
Business|Gold|Mining|Resources|Products|Operations
business|gold|mining|resources|products|operations

Mandalay–Alkane merger clears Swedish regulatory hurdle

19th June 2025

By: Creamer Media Reporter

     

Font size: - +

Mandalay Resources and Alkane Resources have received regulatory approval from Sweden for their proposed merger of equals.

The Swedish Inspectorate of Strategic Products, which oversees foreign direct investment under the Swedish FDI Act, has decided not to initiate a review of the transaction, thereby allowing it to proceed under Swedish law.

Mandalay operates the Björkdal mine, in the Boliden mining district of Sweden, producing about 46 000 oz/y of gold, besides its operations in Australia.

The proposed merger, announced earlier this year, will see Alkane indirectly acquire all of the issued and outstanding common shares of Mandalay through a plan of arrangement under the Business Corporations Act of British Columbia.

The transaction remains subject to several other regulatory and shareholder approvals, including those from the Supreme Court of British Columbia, the Foreign Investment Review Board of Australia, and the shareholders of both Mandalay and Alkane. The companies will hold their respective shareholder meetings in late July.

The merger aims to create a diversified gold producer with operations in Australia and Sweden.

 

Edited by Creamer Media Reporter

Comments

Latest Multimedia

Photo of Martin Creamer
On-The-Air (11/07/2025)
Updated 7 hours ago By: Martin Creamer

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 
CSIR International Convention Centre (CSIR ICC)
CSIR International Convention Centre (CSIR ICC)

CSIR International Convention Centre (CSIR ICC) - the leading conference and events venue in Pretoria/Tshwane.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine cover image
Magazine round up | 11 July 2025
11th July 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.178 0.257s - 145pq - 2rq
Subscribe Now