M&A

Resolute offloads Bibiani

RESOLUTE Mining has sold its Bibiani gold project in Ghana to China's Chifeng Jilong Gold for US$105 million - a deal which simplifies the story for a company that already appears to have its hands full in West Africa.

Oonagh Reidy
Resolute Mining is to offload its Bibiani gold project located in the western region of Ghana, West Africa

Resolute Mining is to offload its Bibiani gold project located in the western region of Ghana, West Africa

Resolute put Bibiani under a "strategic review" in December 2019 despite being hailed a "compelling growth opportunity" by the company's former CEO John Welborn 18 months prior.   The London and Australia-listed...

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