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Strong Sweden performance helps Mandalay beat revised guidance

A “superb” fourth quarter at Mandalay Resources’ (CN:MND) Swedish gold mine Björkdal helped the Canada-based miner beat its 2017 production guidance, which was revised downwards in August after its Cerro Bayo mine in Chile flooded and is expected to remain mothballed throughout 2018.

Staff reporter
Björkdal boosts Mandalay’s production results

Björkdal boosts Mandalay’s production results

Mandalay had maintained Björkdal would produce 52,000-58,000 ounces of gold but yesterday announced it had produced 62,028oz for the year - the mine's highest production since 1998 and the best result...

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