Page 93 - Resolute Mining News Today

+ The Boys of Volta series by Jeremy Snell is a portrayal of the people and environment surrounding Lake Volta, Ghana. A book of images is published by Setanta, with 10% of profits donated to the NGO International Justice Mission ‘Beyond the documentary photos of fisher boys working on the lake, I found myself captivated by the faces and eyes of the kids who lived nearby,’ says Snell. ‘Through portraiture, I hoped to convey the beauty in simple moments. The lake had a strong mood and emot...

Resolute Mining sells Bibiani to Chinese group Employees at Resolute Minings Syama project in Mali. Credit: Resolute Mining. Australia’s Resolute Mining (LSE: RSG; ASX: RSG) has agreed to sell its Bibiani gold mine in Ghana to China’s Chifeng Jilong Gold Mining for US$105 million in cash. The Western Australia-based miner has received a US$5 million deposit upfront, with the remainder expected upon completion of the transaction, which is expected in March 2021. Resolute Mining acquired Bi...

Resolute Mining (ASX:RSG) to sell Bibiani gold mine for $139M SubscribeBe the first with the news that moves the market Resolute Mining (RSG) has entered a binding agreement to sell the Bibiani gold mine in Ghana to China-based Chifeng Jilong Gold Mining The deal is expected to net Resolute around US$105 million (approximately A$139.33 million) but still requires approval by the relevant Australian, Chinese and Ghanaian regulatory bodies Based on Resolute’s 2018 updated feasibility study, Bib...

US$105 million in cash ` Highlights ·      Resolute Mining Limited (Resolute or the Company) has entered into a binding agreement to sell the Bibiani Gold Mine in Ghana to Chifeng Jilong Gold Mining Co. Ltd (Chifeng). ·      Cash consideration will be payable as follows: ·      US$5 million deposit on signing the agreement; and ·      US$100 million on completion, expected by March 2021 following satisfaction of government approvals and other conditions. ·      ...

Resolute faces second Syama strike Latest News Resolute Mining has confirmed that a number of its workers have instigated a strike at the Syama gold mine in Mali, Africa. The company has continued production at the mine despite the strike and does not expect it will have any material impact on its 2020 calendar year company-wide production guidance of 400,000 to 430,000 ounces of gold. The workers gave Resolute a strike notice on Monday, which remains consistent with previous demands made durin...