REG - Resolute Mining Ltd - Operational Update
RNS Number : 0698XResolute Mining Limited25 August 202025 August 2020
Resolute Mining Limited
(Resolute or the Company)
Resolute Operational Update
Resolute Mining Limited (Resolute or the Company) (ASX/LSE: RSG) continues to monitor the political situation in Mali and notes that Bamako International Airport has reopened and that the Company's supply lines to the Syama Gold Mine (Syama), located in the south of Mali on the border with Côte d'Ivoire, are open and secure.
Resolute confirms the Company's operations at Syama are continuing as normal with no impact to production or to the safety and security of employees and contractors.
For further information, contact:
John Welborn
Managing Director & CEOAbout 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 for release by Managing Director & CEO, Mr John Welborn
ASX/LSE: RSG Capital Summary
Fully Paid Ordinary Shares: 1,102,826,939
Current Share Price (ASX):
A$1.14 as at 24 August 2020Market Capitalisation: A$1.3 billion
2020 Guidance:
430,000oz @ AISC US$980/oz
Board of Directors
Mr Martin Botha Non-Executive Chairman
Mr John Welborn Managing Director & CEOMs 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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