Resolute Mining expects no changes to employment at the Ravenswood gold mine in Queensland after agreeing to sell the operation to EMR Capital.
Resolute Mining is in advanced negotiations with EMR Capital Management over the potential sale of the Ravenswood gold mine in Queensland.
Resolute Mining aims to lift its gold production for the 2020 financial year to 500,000 ounces, up from its previous year’s guidance of 400,000 ounces.
Resolute Mining has beaten the odds with surging gold production for the December 2019 quarter despite an operational setback at the Syama mine in Mali, West Africa.
The Queensland Government has issued an environment authority permit to Resolute Mining for its Ravenswood expansion project in north Queensland.
Resolute Mining has had a golden September quarter, pouring a total of 103,201 ounces of gold.
Resolute Mining has commenced an upgrade of the Ravenswood gold mine in Queensland that has been designed to deliver a significant boost to the site’s processing capacity.
Resolute Mining will ramp up an expansion of the Ravenswood gold mine in Queensland after announcing a major upgrade in mineral resources and ore reserves for the site.
Resolute Mining has been granted a further three mining lease applications by the Queensland Government over areas which support its Ravenswood gold project.
Resolute Mining has been granted approval for nine mining leases that will help catapult the Ravenswood gold project in Queensland into expansion.
Resolute Mining has ameliorated production loss in its Ravenswood operations in Queensland with a record quarterly output in its flagship Syama project in Africa.
Resolute Mining has begun the strategic review of Ravenswood operations’ expansion in Queensland, amid indecision of the gold mine’s future ownership.
Resolute Mining’s growth ambitions at its gold operations in West Africa and Australia remain on target.
Resolute Mining’s proposed expansion of the Ravenswood gold mine has had its prescribed project status increased by the Queensland Government to November 2020.
Gold miner Resolute Mining has established a $US100 million ($135 million) revolving loan facility with Investec Australia.
Resolute Mining has extended the mine life of the Ravenswood gold operation in Queensland by three years through a mine expansion project.
Resolute Mining has released its annual report, detailing a fairly healthy 2017 financial year, with gold production nearly 10 per cent over annual guidance.
Resolute Mining has implemented a gold hedge following sales of 72,000 ounces of gold at an average price of $1715 per ounce, representing a premium over its budget $1600 price.
Resolute Mining’s Ravenswood expansion project has taken a crucial step forward with the Queensland Department of Environment and Heritage Protection providing the final environmental approval.