https://www.miningweekly.com

Resolute puts African cards on the table

18th March 2022

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

Gold miner Resolute Mining has unveiled its life-of-mine (LoM) production plans and cost expectations for the next five years.

The ASX- and LSE-listed miner said recently that it expected to produce about 370 000 oz up to 2026, at an average all-in sustaining cost (AISC) of A$1 191/oz.

To 2033, total LoM production is expected to reach 3.5-million ounces, at an all-in sustaining cost of A$1 110/oz. The Sayama operation, in Mali, is expected to contribute an average 243 000 oz/y at an average aAISC of A$993/oz over the current 12-year mine life to 2033.

The Syama oxide operation’s production has been extended to 2026, reflecting exploration success.

Development of the Tabakoroni sulphide mine at an estimated cost of A$80-million to A$100-million has been deferred to 2026, owing to the extension of oxide production. Based on the current schedule, development is expected to commence late in 2024, with Tabakoroni sustaining Syama sulphide production between 250 000 oz/y to 300 000 oz/y from 2026.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION