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RNS Number : 8745B Resolute Mining Limited 04 February 2020
4 February 2020
Resolute Mining Limited
(Resolute or the Company)
Investing in African Mining Indaba
Company Presentation
Resolute Mining Limited (ASX/LSE: RSG) advises that its latest company
presentation from the Investing in African Mining Indaba conference has been
released to the Australian Securities Exchange.
A full PDF version of the presentation is available from the Company's
website: https://www.rml.com.au/investors/presentations/
(https://www.rml.com.au/investors/presentations/) .
For further information, contact:
John Welborn Jeremy Meynert
Managing Director & CEO General Manager - Business Development & Investor Relations
About Resolute
Resolute is a successful, dividend paying gold miner with more than 30 years
of experience as an explorer, developer and operator of gold mines in
Australia and Africa which have produced more than 8 million ounces of gold.
The Company trades on the Australian Securities Exchange (ASX) and the London
Stock Exchange (LSE) under the ticker RSG.
Resolute has a Global Mineral Resource base of more than 19 million ounces of
gold. The Company's flagship asset is the world class Syama Gold Mine in Mali
which has the ability to produce 300,000 ounces of gold per annum from
existing processing infrastructure. Resolute has commissioned the world's
first automated underground mine at Syama which will deliver a low cost, large
scale operation with a mine life beyond 2032. The Mako Gold Mine in Senegal is
a high quality, low cost asset with average annual production of approximately
140,000 ounces of gold. A binding agreement has been signed to sell the
Ravenswood Gold Mine in Queensland, Australia for up to A$300 million. A
strategic review is currently underway of the Bibiani Gold Mine in Ghana.
Resolute's guidance for FY20 has been set at production of 500,000 ounces of
gold at an AISC of US$980 per ounce. FY20 Guidance will be revised once the
sale of Ravenswood has been finalised.
Contact Information
Resolute Berenberg (UK Corporate Broker)
John Welborn, Managing Director & CEO Matthew Armitt / Jennifer Wyllie / Detlir Elezi
Jeremy Meynert, General Manager - BD & IR Telephone: +44 20 3207 7800
Telephone: +61 8 9261 6100
Email: contact@rml.com.au (mailto:contact@rml.com.au) Tavistock (UK Public Relations)
Web: www.rml.com.au (http://www.rml.com.au) Jos Simson / Emily Moss / Annabel de Morgan / Oliver Lamb
Telephone: +44 207 920 3150 / +44 778 855 4035
Email: resolute@tavistock.co.uk (mailto:resolute@tavistock.co.uk)
Authorised by Mr John Welborn, Managing Director & CEO
ASX/LSE: RSG Capital Summary Board of Directors Contact
Fully Paid Ordinary Shares: 1,035,886,919 Mr Martin Botha Non-Executive Chairman John Welborn Managing Director & CEO
Mr John Welborn Managing Director & CEO
Current Share Price (ASX):
Jeremy Meynert GM - BD & IR
A$1.12 as at 3 February 2020 Ms Yasmin Broughton Non-Executive Director
Level 2, Australia Place | 15-17 William St
Perth, Western Australia 6000
Market Capitalisation: A$1.04 Billion Mr Mark Potts Non-Executive Director
T: +61 8 9261 6100 | F: +61 8 9322 7597
E: contact@rml.com.au (mailto:contact@rml.com.au)
FY20 Guidance: Ms Sabina Shugg Non-Executive Director
500,000oz @ AISC US$980/oz Mr Peter Sullivan Non-Executive Director
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