Resolute gains ground with Syama expansion
PERTH (miningweekly.com) – Africa-focused gold miner Resolute Mining has increased production during the three months to December to 98 132 oz, compared with the 84 274 oz produced during the September quarter, as its Syama operation, in Mali, nearly doubled production.
During the quarter under review, the Syama operation delivered 43 918 oz of gold, compared with the 28 611 oz produced in the previous quarter, as benefits of the expansion project started to kick in.
The Golden Pride operation, in Tanzania, delivered 20 585 oz of gold, compared with the 16 612 oz produced in the three months to September, while the Ravenswood mine, in Australia, produced 33 629 oz in the three months to December, compared with the 39 051 oz produced in the previous quarter.
The Ravenswood operation was affected by lower grades during the quarter under review, as production from the Mount Wright orebody moved through a expected lower-grade section.
Resolute on Tuesday maintained its full-year production guidance, predicting that the company would deliver some 345 000 oz of gold during the full year, at an all-in sustaining cost of $1 175/oz.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation