Resolute Mining roaster repairs at Syama on track and within budget
Despite the repairs, the Malian project poured 42,365 ounces of gold in October and the company is on track to meet annual guidance.
Company
Resolute Mining Ltd
ASX:RSG
Resolute Mining Ltd is a successful African-focused gold miner with more than 30 years of experience as an explorer, developer and operator of ten gold mines which have produced more than 9 million ounces of gold. The company currently owns two producing gold mines: the Syama Gold Mine in Mali (Syama) and the Mako Gold Mine in Senegal (Mako). Syama is a robust, long-life asset comprising a underground mine and associated sulphide processing circuit, along with satellite open pit operations which provide ore feed to a separate oxide processing circuit. Mako is a high quality, open pit gold mine which Resolute has owned and operated since August 2019.
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Resolute Mining secures key environmental permit for Ravenswood expansion project
All major approvals are now in place for a development plan that can accommodate an expansion of annual production to 200,000 ounces of gold over a ten-year mine life.
Resolute Mining’s sulphide roaster at Syama Gold Mine to be operational in six weeks’ time
Mined ore tonnages increased to 422,517 tonnes in the September 2019 quarter from 329,356 tonnes in the June 2019 quarter.
Resolute Mining produces “new normal” of 100,000 gold ounces in September quarter
Automation system site acceptance has been completed at the world’s first fully automated underground mine, Syama in Mali.
Resolute Mining gains substantial shareholder in L1 Capital
L1 Capital is an Australian fund manager and launched its flagship Australian Equities Fund in August 2007.
Resolute Mining presents at Denver Gold Forum as gold prices remains high
Resolute Mining Ltd (ASX:RSG) presented on Monday at the Denver Gold Forum, which runs from Monday September 16 to Wednesday September 18. The majority of the world’s largest gold producers were in attendance as well as resources equities a
Resolute Mining produces 176,237 ounces for June half, upgrades full year guidance
Full-year production guidance has been upgraded to 400,000 ounces at an AISC of US$960 per ounce.
Resolute Mining starts expanding gold capacity of Ravenswood
Stage I is targeting annual production of 80,000 ounces at an AISC of A$1,600 per ounce with total capital investment of A$6 million.
Resolute Mining gains new substantial holder in UBS
The company recently forward sold an additional 30,000 ounces of gold at an average price of US$1,519 per ounce.
Resolute Mining gold hedging position rated positively
Canaccord states RSG has the highest weighted average A$ hedge price and among the smallest out-of-the-money positions of peers.
Resolute Mining rides high on gold wave with US$ gold hedge book strengthened
The company has forward sold an additional 30,000 ounces of gold at an average price of US$1,519 per ounce.
Toro Gold’s US$305mln acquisition by Resolute shows that you don’t have to be listed to make a buck
Consolidation in the gold mining sector continues apace
Resolute Mining signs agreement to acquire 100% of Toro Gold, revises production and cost guidance
Toro Gold’s team oversaw the development of Mako from greenfields discovery in 2011 to first production in January 2018
Resolute Mining in trading halt with acquisition news pending
The company produces gold from its Syama gold mine in Mali and Ravenswood mine in Queensland.
Resolute Mining beats gold production guidance target
The company produces gold from its Syama gold mine in Mali and its Ravenswood gold mine in Queensland.
Investing in gold equities in London isn’t what it used to be, but there are still plenty of attractive opportunities to be had lower down the market
London lacks a gold mining champion of any real substance
Resolute Mining’s Ravenswood Expansion Project gets bigger with gold reserves up 58%
The 2.7 million-ounce reserve supports the potential for higher throughput and long mine life.
Resolute Mining achieves commercial production rates at Syama, begins automation commissioning
The company is targeting full commissioning of the world’s first fully automated underground gold mine for the third quarter of this year.
S&P/ASX 200 ends in red but gold miners continue to rise
Saracen Mineral gained 6.1% to $3.85 and St Barbara Limited climbed 5.5%
Gold price soars on dovish Fed pronouncements and Middle East uncertainty
The price has continued to rise overnight and this morning is at US$1,388, the equivalent of A$2,007.