Resolute Mining has shares purchased by renowned gold ETFs
The company aims to be producing 500,000 ounces of gold per annum in FY21.
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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Diggers and Dealers Mining Forum gold plays to make up 21% of presenters
A bevy of gold miners and developers will front Diggers audiences this week at the presenters’ podium.
Diggers and Dealers chairman expects ‘buoyant’ forum
Nick Giorgetta says the annual event is unique as delegates can also tour working mines.
Blackham Resources adds mining and engineering skills to board of directors
The company has appointed Geoff Jones as a non-executive director with Greg Miles resigning from the board.
Stavely Minerals confirms further high-grade gold results from the Ravenswood Project
Rock-chip results of up to 14.8 g/t gold and 3.17% copper further enhance the discovery potential.
Resolute Mining completes investments in gold juniors
Fellow ASX-listed Manas Resource has a large portfolio in Cote d’Ivoire.
Resolute Mining secures US$100 million revolving loan facility from Investec
The rates, fees and terms agreed for the new facility are highly competitive.
Resolute Mining receives environmental permit for Bibiani recommissioning
Following receipt of the permit, the 2016 feasibility study has been updated.
Resolute Mining achieves guidance and forecasts 300,000 ounces in FY19
The average price received for gold sold in FY18 was A$1,703 per ounce.
Resolute Mining delivers shareholder value through updated Ravenswood expansion
Ravenswood boasts a large resource base, extensive processing infrastructure, and low-cost grid power.
Resolute Mining hits 493 g/t gold over 5 metres at Syama Gold Project in Mali
This is the highest grade intercept reported from the project in more than 30 years of exploration.
Resolute Mining’s updated study cuts underground gold mine costs by US$135 per ounce
The DFS update has also delivered longer life at the Mali project and increased underground reserves by 38%.
Resolute Mining acquires 27% stake in gold explorer focused on DRC
The company now owns 51 million shares in Canadian-based Loncor Resources Inc.
Resolute Mining has global investment manager increase stake
The substantial shareholder increased its holding to 52.06 million shares from 44.6 million.
Capital Drilling expands West African presence in first quarter of 2018
The drilling solutions provider said 12 new rigs would join the 13 already located in the region, with further rigs scheduled to arrive in the second quarter
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Capital Drilling secures three year contract in Mali from Resolute Mining
The drilling solutions company said it would provide surface drilling for exploration and resource development at Resolute’s projects and joint venture operations in the West African nation
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