Resolute Mining has shares purchased by renowned gold ETFs
The company aims to be producing 500,000 ounces of gold per annum in FY21.
Company
Resolute Mining Ltd
ASX:RSG
Resolute Mining Ltd is a successful African-focused gold miner with more than 30 years of experience as an explorer, developer and operator of ten gold mines which have produced more than 9 million ounces of gold. The company currently owns two producing gold mines: the Syama Gold Mine in Mali (Syama) and the Mako Gold Mine in Senegal (Mako). Syama is a robust, long-life asset comprising a underground mine and associated sulphide processing circuit, along with satellite open pit operations which provide ore feed to a separate oxide processing circuit. Mako is a high quality, open pit gold mine which Resolute has owned and operated since August 2019.
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Diggers and Dealers Mining Forum gold plays to make up 21% of presenters
A bevy of gold miners and developers will front Diggers audiences this week at the presenters’ podium.
Diggers and Dealers chairman expects ‘buoyant’ forum
Nick Giorgetta says the annual event is unique as delegates can also tour working mines.
Blackham Resources adds mining and engineering skills to board of directors
The company has appointed Geoff Jones as a non-executive director with Greg Miles resigning from the board.
Stavely Minerals confirms further high-grade gold results from the Ravenswood Project
Rock-chip results of up to 14.8 g/t gold and 3.17% copper further enhance the discovery potential.
Resolute Mining completes investments in gold juniors
Fellow ASX-listed Manas Resource has a large portfolio in Cote d’Ivoire.
Resolute Mining secures US$100 million revolving loan facility from Investec
The rates, fees and terms agreed for the new facility are highly competitive.
Resolute Mining receives environmental permit for Bibiani recommissioning
Following receipt of the permit, the 2016 feasibility study has been updated.
Resolute Mining achieves guidance and forecasts 300,000 ounces in FY19
The average price received for gold sold in FY18 was A$1,703 per ounce.
Resolute Mining delivers shareholder value through updated Ravenswood expansion
Ravenswood boasts a large resource base, extensive processing infrastructure, and low-cost grid power.
Resolute Mining hits 493 g/t gold over 5 metres at Syama Gold Project in Mali
This is the highest grade intercept reported from the project in more than 30 years of exploration.
Resolute Mining’s updated study cuts underground gold mine costs by US$135 per ounce
The DFS update has also delivered longer life at the Mali project and increased underground reserves by 38%.
Resolute Mining acquires 27% stake in gold explorer focused on DRC
The company now owns 51 million shares in Canadian-based Loncor Resources Inc.
Resolute Mining has global investment manager increase stake
The substantial shareholder increased its holding to 52.06 million shares from 44.6 million.
Capital Drilling expands West African presence in first quarter of 2018
The drilling solutions provider said 12 new rigs would join the 13 already located in the region, with further rigs scheduled to arrive in the second quarter
Archive
Proactive news snapshot: Flying Brand, Ergomed, Landore Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
Zinc Media on the front foot after CEO and finance chief buy shares
A look at some of the top risers and fallers in London today
Capital Drilling secures three year contract in Mali from Resolute Mining
The drilling solutions company said it would provide surface drilling for exploration and resource development at Resolute’s projects and joint venture operations in the West African nation
Investments and investor services
FTSE 100 closes in red amid trader tensions but Tesco soars
FTSE 100 closed in the red - down around nine points at 7,257
Blackham Resources settles $35.9 million and appoints ex ASX 200 CFO to board
The company's flagship asset is the Matilda-Wiluna Gold Operation in Western Australia.
S&P/ASX 200 closes 67 points higher led by gains in base and precious metals, as well as oil
The gold sector rallied more than 3% with Doray Minerals surging 12.5%.
Blackham Resources implements initial stages of recapitalisation strategy
The company has a new $14.3 million arrangement with its mining contractor.
Archive
In the news: Resolute Mining
Upheaval in junior mining as leading ETF GDXJ set to rebalance portfolio in June
Leading junior gold mining ETF the GDXJ is expanding its investing universe in what's known as a "re-balancing", and the effects aren't all positive
Oklo Resources gold exploration success delivers capital raising windfall
Oklo has received commitments to raise $8.7 million at $0.24 per share.
Oklo Resources gains Resolute Mining as a substantial shareholder
Assays are currently pending from air-core drilling at Seko.
Kodal’s suite of West African gold projects looks highly prospective
Kodal Minerals has some big mining players helping it out in West Africa, although on some projects the upside is all its own
Large cap. ASX resource risers: Santos, OZ Minerals, Woodside Petroleum, New Hope Corporation
The large cap. ASX resource sector is a mixed bag today - as investors try to weigh up the spiking metals prices against the global doom and gloom. Seven of the top 20 resource stocks are higher, nine lower, with four too confused to go any
Large cap. ASX resource risers: Atlas Iron, Iluka Resources, Paladin Energy, Resolute Mining
Puffing out its chest today and defying global worries - the resilient large cap. Australian resource sector is rallying in afternoon trade. Highlighting the turnaround is 16 of the top 20 ASX resource stocks by value are in the green.
ASX Large Cap. resource risers: Lynas Corporation, Aurora Oil & Gas, Iluka Resources, Macarthur Coal
The markets are alive with the sounds of large resource gainers today, as 18 of the top 20 by market capitalisation higher in afternoon trade. The rally is another sign the sector may have been oversold - with bargain hunters entering the f
Large Cap. resource risers: Mount Gibson Iron, Newcrest Mining, Oil Search, New Hope Corporation
Price volatility was low today in the large cap. resources sector - which has in the last week experienced a bit of a rally, although this does follow a sharp sell-off as equity markets globally had been de-risking.
Standout Large Cap resource risers: Lynas Corporation, Gloucester Coal, Macarthur Coal, Mount Gibson
Large cap. resource stocks are back in style today with 16 of the top 20 by market capitalisation finishing the day in the green, in what might be a major sign the sector is oversold - with buyers now overpowering sellers.
Aussie large resource gainers; Resolute Mining, Atlas Iron, Lynas Corporation, Fortescue, Alumina
Large cap. Aussie resource stocks roared back into favour today, with 19 of the top 20 by market capitalisation higher in afternoon trade. The rally is across the ASX, with the broader index the All Ordinaries up 52 points to 4575.
Large Cap. resource risers include Atlas Iron, Newcrest Mining, Mount Gibson Iron, Gloucester Coal
Some large cap. resource stocks are starting to rally after the sustained sell-off over the last month, with 7 of the top 20 by market capitalisation trading higher in afternoon trade today, as the broader All Ordinaries adds 16 points to 4
Best Large Cap. resource stocks Paladin Energy, Gloucester Coal, New Hope Corporation, Mount Gibson
Large cap. resource stocks were mixed today, with ten trading higher and the other ten lower. The bolter was Paladin Energy which jumped over 10%, as investors consider the stock oversold in the wake of the re-rating after the Japanese tsun
Best Large Cap. ASX resource stocks Paladin Energy, Iluka Resources, Lynas Corporation and Alumina
A week is a long time in the equity markets, and suddenly major Australian resource stocks are back in fashion. Today 17 of the top 20 resources stocks by market cap. traded higher, as investors eye bargains after a two month down trend.
Best Large Cap ASX resource performers: Lynas Corporation, Equinox Minerals, Rio Tinto, Fortescue
Major Australian resource stocks fell afoul of the investment community today, with just two of the top 20 by market capitalisation finishing the day green. The All Ordinaries lost almost 1% to close at 4512, ignoring the small Wall Street
Best big ASX resource performers: Equinox Minerals, Resolute Mining, OZ Minerals and Oil Search
Investors dumped major resource stocks in a selling frenzy, with only one of the top 20 resource stocks by market cap. closing the day in the green. The broader market suffered as bad, with the All Ordinaries off two per cent.
Major ASX resource gainers: Iluka Resources, Mount Gibson Iron, Lynas Corporation, Gloucester Coal
Major Australian resource stocks were sold off today, with only five of the top 20 stocks by market capitalisation ending the day higher. Across the broader market, the All Ordinaries closed 14 points lower at 4638.
Major ASX resource gainers include Resolute Mining, Santos, Atlas Iron, Oil Search and OZ Minerals
Major Australian resource stocks were generally weaker today, with only seven of the top 20 stocks by market capitalisation ending the day higher. Industrials helped prop up the market, with the All Ordinaries adding 14 points to 4649.
Major ASX resource gainers include Aurora Oil & Gas, Paladin Energy, Oil Search and Gloucester Coal
Major Australian resource stocks roared back into the green today with 16 of the top 20 by market cap. trading higher, as investors re-enter the market to buy resource companies after the recent sell-off.