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Resolute Mining has commenced ore production from Syama Underground Gold Mine

Resolute Mining Ltd (ASX:RSG) managing director and chief executive John Welborn updates Proactive Investors on the gold producer's achievements in 2018 and goals for 2019; touching on developments at the Syama Gold Mine in Mali, the Bibiani Gold Mine in Ghana, the Ravenswood Gold Mine in Queensland, Australia, and the wider exploration portfolio.

Welborn says, "We have an organic pathway to 500,000 ounces of gold production a year from our existing assets of Syama, a recommissioned Bibiani and Ravenswood, so that's a near term development plan for Resolute, to go beyond the 500,000 ounce per annum production mark. Beyond that, we're a company that has proven to be capable of operating multiple assets in Africa, and we're looking to be the right partner for both African governments and potentially exploration companies. We'd like to operate four to six gold mines over the next three to five years, and bring down our average portfolio gold production to below US$750 an ounce."

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Price: 1.18 AUD

ASX:RSG
Market: ASX
Market Cap: $1.07 billion
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Resolute Mining CEO discusses new hybrid power station at its Syama Gold Project

Resolute Mining Limited's (ASX:RSG) (LON:RSG) managing director and CEO John Welborn speaks to Proactive's Andrew Scott at the Mines & Money conference in London 2019. This week the miner's announced they're to develop a new hybrid modular power station at their Syama Gold Project in...

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