Page 90 - Resolute Mining News Today

By Reuters Staff 1 Min Read April 19 (Reuters) - China’s Chifeng Jilong Gold Mining said on Monday it had terminated an agreement to buy the Bibiani gold mine in Ghana, five days after proposed seller Resolute Mining’s lease for the mine was restored. Resolute agreed to sell Bibiani to Chifeng Jilong for $105 million in December. Its lease was abruptly ended by the Ghanaian government in March and restored last week under terms that did not recognise the sale. (Reporting by Tom Daly; Editin...

Bibiani gold mine ghana The Ghanaian government has restored the mining lease for the Bibiani gold mine, ASX- and LSE-listed Resolute Mining reported on Wednesday, however, the sale of the asset was now being questioned. The company, in March this year, announced that it would seek legal advice after the Ghanaian Minerals Commission terminated the mining lease for the Bibiani gold mine, and ordered Resolute to cease all activities and operations at the mine site. Resolute earlier this year stru...

Summary: By Greg Peel After some typical book-squaring argie-bargie at the end of the last quarter, the new quarter saw an opening week rally for the ASX200 straight through 6800 resistance and on to 7000, where it has since hit a brick wall. Short activity continues to remain muted, but for a couple of moves. With the vaccine rollout in Australia being (a) a complete balls-up and (b) hampered by contract reneging in Europe, the possibility of reopening the international border this year has fu...

Are we there yet? There was stumble on the open but the ASX200 did follow the futures’ lead by smashing through 7000 and running up to 7021 by lunchtime yesterday, only to be met by enemy forces coming hard the other way. An hour later the index was back under 7000 but the troops regrouped, and by the close the enemy had been defeated. Or so it seemed. A weaker S&P500 overnight has our futures down -38 this morning – implying back under 7000. Tech led sector gains once again (+2.0%) on Nasd...

The S&P/ASX 200 Index (ASX:XJO) went above 7,000 again today, helped by Resolute Mining Limited (ASX:RSG) jumping 15%.

Sharemarket hits fresh 13-month high The ASX climbed to a fresh 13-month high, with tech and gold stocks the top performers, while an artificial intelligence company rocketed. Business by Rebecca Le May 14th Apr 2021 5:50 PM The Australian sharemarket resumed its upward trend, with the benchmark index once again piercing the 7000-point level to hit fresh 13-month highs. The S&P/ASX 200 closed 0.66 per cent stronger at 7023.1...

14 April 2021 | 07:59am StockMarketWire.com - Mining company Resolute Mining said authorities in Ghana had notified it that the mining lease for the Bibiani gold mine there had been restored. Natural resources minister Samuel A Jinapor said the lease had been restored, subject to conditions including that Resolute must provide a report detailing the full state of affairs at the mine. We are very pleased to have come to a quick and amicable resolution which provides clarity and confirmation of [...

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by Tyler Durden Thursday, Apr 08, 2021 - 07:50 AM European stocks hit a new record highs on Thursday, buoyed by optimism in Britain over easing lockdown restrictions, while the benign outlook on US interest rates revealed in the latest FOMC Minutes where the Fed indicated it will maintain its commitment to supportive policy, helped push S&P futures to new all time highs after the cash index closed at a record on Wednesday. Treasury yields dropped, the dollar slipped and crude oil fell as the p...

-Strong EPS uplift forecast -Iron ore forecast to drop -5-10% -Gold forecast to drop to US$1550/oz By Mark Story The outperformance of Australian growth stocks in March ended value’s winning streak, with technology and precious metals outperforming energy and communication services, while stocks with retail exposure were particularly strong. It was large caps that led the market higher, with the ASX50 up 1.8%, compared with a 0.2% increase in the Small Ordinaries, and a 4.2% rise in the S&P5...