CAPITAL MARKETS

Resolute posts $15.3m profit, production set to fall

RESOLUTE Mining has recorded a net profit of $15.3 million and committed to an exploration and bu...

Michael Quinn
Resolute posts $15.3m profit, production set to fall

The profit was up on the $13.9 million achieved in 2002, and was the result of production of 200,146 ounces at an average cash cost of $369/oz. Resolute expects to produce 155,000oz in 2004 at cash costs...

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