Resolute Mining Limited Releases Update on Syama Sulphide Processing Circuit

  • Oct 25, 2019 AEDT
  • Team Kalkine

Australian-headquartered gold miner, Resolute Mining Limited (ASX: RSG) recently updated on the Syama sulphide processing circuit. The company notified that:

  • The sulphide roaster at the Syama Gold Mine in Mali is likely to be repaired and fully operational in about six weeks’ time.
  • Structural evaluation of the structural shell and the detailed assessment of the main roaster chamber has been completed.
  • The FY19 gold production guidance for the year ended 31 December 2019, remains at 400,000 ounces of gold.
  • The unit costs for the Syama sulphide circuit will be affected by the impact of the roaster repairs.

The stock quoted $1.32, up by 10.8% at 1:25 PM AEST on 25 October 2019.

 

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