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Resolute Mining's acquisition of Toro Gold 'confirms commitment to create leading African producer'

Resolute Mining Limited's (ASX:RSG, LON:RSG) managing director & CEO John Welborn speaks to Proactive London's Andrew Scott following the announcement they've signed a binding agreement with Toro Gold Limited to acquire all its shares for US$130 million cash and 142.5 million Resolute shares.

Resolute has revised its financial year 2019 production and cost guidance to 400,000 ounces of gold at an all-in-sustaining-cost (AISC) of US$960 an ounce, reflecting the inclusion of production from Toro's flagship Mako asset.

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Price: 1.16 AUD

ASX:RSG
Market: ASX
Market Cap: $1.05 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...

2 weeks, 1 day ago

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