Resolute shows signs of recovery after beating 2022 gold output guidance
RESOLUTE Mining ended its 2022 financial year with gold production of 353,069 ounces, higher than the 345,000 oz it previously targeted. Terry Holohan, CEO of Resolute since…
Resolute moves to slash debt through A$140m share deal with institutions
RESOLUTE Mining aims to raise as much as A$200m ($128m) in an equity raise which it will use to reduce debt and part finance the possible expansion of its Syama mine in Mali. The…
Resolute marks another solid quarter as firm studies Syama North expansion options
RESOLUTE Mining reduced net debt and produced its fourth consecutive increase in gold production as the company sought to arrest a decline in performance of the last three years…
Resolute lifts gold output for fourth successive quarter but inflation, hedge book hit home
RESOLUTE Mining increased gold output for the fourth successive quarter in the three months ended June producing 89,134 ounces – a 9% quarter-on-quarter lift – and keeping the…
Lifting of Mali sanctions helps relieve gloom in Resolute Mining share price
SHARES in Resolute Mining gained just over 15% in Sydney after the company announced sanctions had been lifted on Mali where it operates the Syama gold mine. Resolute said…
COO Terry Holohan takes over at Resolute Mining after CEO Stuart Gale quits
The game of musical chairs at the helm of ASX and LSE listed gold miner Resolute continues with the abrupt resignation of Stuart Gale as MD and CEO to be replaced by current COO…
Resolute gains extension of debt facility after pushing out $100m Tabakoroni capex
RESOLUTE Mining kept the wolf from the door today announcing a refinancing of its balance sheet and a new life of mine plan that defers up to $100m in capital expenditure. The…
Resolute agrees to sell Bibiani for $90m to Ghanaian start-up Asante Gold Corp.
RESOLUTE Mining has launched a second attempt at the sale of the mothballed Bibiani mine in Ghana with the outlook second time round looking significantly better given the buyer…
Resolute Mining lowers production guidance for 2021 as Syama disruption persists
THE operational headaches that have dogged Resolute Mining for the last two years persisted into the second quarter with its Mali mine Syama reporting lower grades and power…