CAPITAL MARKETS

ASIC welcomes Syama write-down

THE Australian Securities and Investments Commission has welcomed Resolute Mining’s $A310 million impairment on the Syama gold operation in Mali after raising previously raising concerns.

Kristie Batten

ASIC welcomes Syama write-down

The impairment charge, relating to the deferral of the stage two cutback, took Resolute to a $324 million half-year loss. “ASIC had previously made enquiries to Resolute regarding the value of the...

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