REG - Resolute Mining Ltd - Mining Indaba Presentation

Resolute MiningAnnouncement

04/02/2020 07:01

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RNS Number : 8745B  Resolute Mining Limited  04 February 2020

4 February 2020

Resolute Mining Limited

(Resolute or the Company)

Investing in African Mining Indaba

Company Presentation

 

Resolute Mining Limited (ASX/LSE: RSG) advises that its latest company
presentation from the Investing in African Mining Indaba conference has been
released to the Australian Securities Exchange.

A full PDF version of the presentation is available from the Company's
website: https://www.rml.com.au/investors/presentations/
(https://www.rml.com.au/investors/presentations/) .

 For further information, contact:

 

 John Welborn                  Jeremy Meynert

 Managing Director & CEO       General Manager - Business Development & Investor Relations

About Resolute

Resolute is a successful, dividend paying gold miner with more than 30 years
of experience as an explorer, developer and operator of gold mines in
Australia and Africa which have produced more than 8 million ounces of gold.
The Company trades on the Australian Securities Exchange (ASX) and the London
Stock Exchange (LSE) under the ticker RSG.

Resolute has a Global Mineral Resource base of more than 19 million ounces of
gold. The Company's flagship asset is the world class Syama Gold Mine in Mali
which has the ability to produce 300,000 ounces of gold per annum from
existing processing infrastructure. Resolute has commissioned the world's
first automated underground mine at Syama which will deliver a low cost, large
scale operation with a mine life beyond 2032. The Mako Gold Mine in Senegal is
a high quality, low cost asset with average annual production of approximately
140,000 ounces of gold. A binding agreement has been signed to sell the
Ravenswood Gold Mine in Queensland, Australia for up to A$300 million. A
strategic review is currently underway of the Bibiani Gold Mine in Ghana.

Resolute's guidance for FY20 has been set at production of 500,000 ounces of
gold at an AISC of US$980 per ounce. FY20 Guidance will be revised once the
sale of Ravenswood has been finalised.

Contact Information

 Resolute                                                Berenberg (UK Corporate Broker)

 John Welborn, Managing Director & CEO                   Matthew Armitt / Jennifer Wyllie / Detlir Elezi

 Jeremy Meynert, General Manager - BD & IR               Telephone: +44 20 3207 7800

 Telephone: +61 8 9261 6100

 Email: contact@rml.com.au (mailto:contact@rml.com.au)   Tavistock (UK Public Relations)

 Web: www.rml.com.au (http://www.rml.com.au)             Jos Simson / Emily Moss / Annabel de Morgan / Oliver Lamb

                             Telephone: +44 207 920 3150 / +44 778 855 4035

                             Email: resolute@tavistock.co.uk (mailto:resolute@tavistock.co.uk)

Authorised by Mr John Welborn, Managing Director & CEO

 

 ASX/LSE: RSG Capital Summary                Board of Directors                            Contact

 Fully Paid Ordinary Shares: 1,035,886,919   Mr Martin Botha Non-Executive Chairman        John Welborn Managing Director & CEO

Mr John Welborn Managing Director & CEO

 Current Share Price (ASX):
                                             Jeremy Meynert GM - BD & IR

A$1.12 as at 3 February 2020               Ms Yasmin Broughton Non-Executive Director
Level 2, Australia Place | 15-17 William St

Perth, Western Australia 6000
 Market Capitalisation: A$1.04 Billion       Mr Mark Potts Non-Executive Director
T: +61 8 9261 6100 | F: +61 8 9322 7597

E: contact@rml.com.au (mailto:contact@rml.com.au)
 FY20 Guidance:                              Ms Sabina Shugg Non-Executive Director

 500,000oz @ AISC US$980/oz                  Mr Peter Sullivan Non-Executive Director

 

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