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Resolute Mining presents at Denver Gold Forum as gold prices remains high

Resolute Mining Ltd (ASX:RSG) presented on Monday at the Denver Gold Forum, which runs from Monday September 16 to Wednesday September 18. The majority of the world’s largest gold producers were in attendance as well as resources equities analysts, fund managers, and industry professionals.

Resolute Mining Limited - Resolute Mining presents at Denver Gold Forum
The acquisition of Toro Gold has added the Mako Gold Mine to Resolute’s portfolio

Resolute Mining Ltd (ASX:RSG) presented on Monday at the Denver Gold Forum, which runs from Monday September 16 to Wednesday September 18.

The majority of the world’s largest gold producers were in attendance as well as resources equities analysts, fund managers, and industry professionals.

Resolute produces gold from its Syama gold mine in Mali, Mako gold mine in Senegal, and its Ravenswood gold mine in Queensland.

It also intends to bring the Bibiani gold mine in Ghana online in the future with a target production rate of 100,000 ounces of gold per year.

The company produced 176,237 ounces of gold at an all-in sustaining cost (AISC) of US$828 per ounce in the six months to June 2019.

As the company continues to ramp-up its Syama Underground Mine and following the acquisition of Toro Gold, calendar-year guidance has been upgraded to 400,000 ounces of gold at an AISC of US$960 per ounce.

Cash, bullion and listed investments as at 30 June 2019 was A$56 million.

Quick facts: Resolute Mining Limited

Price: 1.205 AUD

ASX:RSG
Market: ASX
Market Cap: $1.09 billion
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