Resolute Mining has reduced the cost profile at its Syama underground gold mine in Mali in West Africa by as much as 15 per cent, owing to its autonomous mine design and power upgrade.
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Resolute to fully automate underground gold mine with Sandvik system
Resolute Mining and Sandvik have established a strategic framework to fully automate the Syama underground gold mine in Mali, West Africa.
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Resolute Mining increases African exposure with Orca investment
Gold miner Resolute Mining will acquire a 15 per cent stake in Orca Gold through a share placement, bolstering the ASX-listed company's presence in Africa.
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Gold mine production edges higher in 2017
Global gold mine production finished 2017 fractionally higher than the previous year, according to the World Gold Council (WGC).
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Resolute Mining annual report: gross profits up, net profits down
Resolute Mining has released its annual report, detailing a fairly healthy 2017 financial year, with gold production nearly 10 per cent over annual guidance.
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Resolute Mining sells 72,000oz of gold above budget price
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.
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Elk Petroleum completes buyout of US oil field for $205m
Australian oil company Elk Petroleum announced yesterday that it has completed its acquisition of the Greater Aneth oil field from US company Resolute Energy Corporation for $US160 million ($205 million).
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Ravenswood mining restarts, jobs on the horizon for Queensland
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.
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