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Operational Update

25th Aug 2020 07:00

RNS Number : 0698X
Resolute Mining Limited
25 August 2020
 

25 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 WelbornManaging Director & CEO

About 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: [email protected]

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: [email protected]

 

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 2020

Market Capitalisation: A$1.3 billion

2020 Guidance:

430,000oz @ AISC US$980/oz

Board of Directors

Mr Martin Botha Non-Executive ChairmanMr John Welborn Managing Director & CEO

Ms 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 StPerth, Western Australia 6000T: +61 8 9261 6100 | F: +61 8 9322 7597E: [email protected]

 

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