An announcement from Resolute Mining Limited ( (AU:RSG) ) is now available.
Resolute Mining Limited has announced its Annual Ore Reserve and Resource Statement for the year ending 31 December 2024, highlighting successful exploration efforts in Senegal and Guinea. The company maintained its total mineral resources at 11 million ounces of contained gold and total ore reserves at 4.4 million ounces, despite mining depletion. Notably, the Syama North Ore Reserves increased to 1.5 million ounces, enhancing open pit flexibility and supporting the future Sulphide Conversion Project. These developments underscore Resolute’s strategic focus on extending the life of its operations and optimizing its resource base in West Africa.
More about Resolute Mining Limited
Resolute Mining Limited is a mining company operating primarily in the gold mining industry, with a focus on exploration and production in West Africa. The company is involved in mining operations in Mali, Senegal, and Guinea, and is known for its commitment to maintaining and expanding its ore reserves and mineral resources.
YTD Price Performance: 1.83%
Average Trading Volume: 17,392
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $555.4M
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