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Resolute Mining Limited

Resolute Mining has commenced ore production from Syama Underground Gold Mine

Resolute Mining Ltd (ASX:RSG) managing director and chief executive John Welborn updates Proactive Investors on the gold producer's achievements in 2018 and goals for 2019; touching on developments at the Syama Gold Mine in Mali, the Bibiani Gold Mine in Ghana, the Ravenswood Gold Mine in Queensland, Australia, and the wider exploration portfolio.

Welborn says, "We have an organic pathway to 500,000 ounces of gold production a year from our existing assets of Syama, a recommissioned Bibiani and Ravenswood, so that's a near term development plan for Resolute, to go beyond the 500,000 ounce per annum production mark. Beyond that, we're a company that has proven to be capable of operating multiple assets in Africa, and we're looking to be the right partner for both African governments and potentially exploration companies. We'd like to operate four to six gold mines over the next three to five years, and bring down our average portfolio gold production to below US$750 an ounce."

Quick facts: Resolute Mining Limited

Price: $1.47

Market: ASX
Market Cap: $1.33 billion
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