EXPLORATION & DEVELOPMENT

Resolute clambering out of the debt doghouse

AFTER looking in a bit of corporate strife not so long ago given big debt and some sketchy production performance, Resolute Mining and its shareholders have been able to breath a tad easier in recent times with the balance sheet de-leveraged and five consecutive quarters of gold output increases.

Syama, Mali

Syama, Mali

And today the Terry Holohan-led company added to the better general vibe by increasing reserves from 4 million ounces to 4.6Moz, net of the 353,069oz produced in 2022. Some 850,000oz of new reserves...

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