REG - Resolute Mining Ltd - Operational Update

Resolute MiningAnnouncement

19/08/2020 07:00

RNS Number : 5579W
  
Resolute Mining Limited
  
19 August 2020
  
 

19 August 2020
 
Resolute Mining Limited
(Resolute or the Company)
 
Resolute Operational Update
 
Resolute Mining Limited (Resolute or the Company) (ASX/LSE: RSG) is closely monitoring developments in Mali following the resignation of President Ibrahim Boubacar Keita. The resignation of the President, and the subsequent dissolution of the government, follows action by sectors of the country's military seeking to resolve the recent political crisis.
Operations at the Company's Syama Gold Mine, located in the south of Mali on the border with Côte d'Ivoire, are continuing as normal with no impact to production or the safety and security of employees and contractors. Resolute has operated Syama since 2003 under the well-established mining laws of Mali.
 
For further information, contact:
 



John Welborn 
Managing Director & CEO
 







About Resolute
Resolute is a successful 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 currently operates the Syama Gold Mine in Mali and the Mako Gold Mine in Senegal. The Company is the owner of the Bibiani Gold Mine in Ghana. Resolute's guidance for 2020 has been set at production of 430,000 ounces of gold at an All-In Sustaining Cost of US$980 per ounce.
 
Contact Information






Resolute
John Welborn, Managing Director & CEO
Telephone: +61 8 9261 6100
Email: contact@rml.com.au
Web: www.rml.com.au


Berenberg (UK Corporate Broker)
Matthew Armitt / Jennifer Wyllie / Detlir Elezi
Telephone: +44 20 3207 7800
 
Tavistock (UK Public Relations)
Jos Simson / Emily Moss / Annabel de Morgan / Oliver Lamb
Telephone: +44 207 920 3150 / +44 778 855 4035 
Email: resolute@tavistock.co.uk













Authorised by Mr John Welborn, Managing Director & CEO 
 



ASX/LSE: RSG Capital Summary
Fully Paid Ordinary Shares: 1,102,826,939
Current Share Price (ASX):

A$1.345 as at 18 August 2020
Market Capitalisation: A$1.48 billion
2020 Guidance: 
430,000oz @ AISC US$980/oz 


Board of Directors
Mr Martin Botha Non-Executive Chairman

Mr John Welborn Managing Director & CEO 
Ms Yasmin Broughton Non-Executive Director 
Mr Mark Potts Non-Executive Director
Ms Sabina Shugg Non-Executive Director
Mr Peter Sullivan Non-Executive Director


Contact
John Welborn Managing Director & CEO
Level 2, Australia Place | 15-17 William St

Perth, Western Australia 6000

T: +61 8 9261 6100 | F: +61 8 9322 7597

E: contact@rml.com.au



 


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