IN BRIEF: Resolute Mining Maintains Ore Reserves And Mineral Resources

Resolute Mining Ltd - Australian gold miner - Says, as at December 31, its ore reserves have been ...

Alliance News 17 February, 2021 | 2:31PM
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Resolute Mining Ltd - Australian gold miner - Says, as at December 31, its ore reserves have been maintained at 4.7 million ounces of gold with mineral resources at 11 million ounces of gold after considering the impact of asset sales, depletion and exploration success. The company, however, notes that the sale of the Ravenswood gold mine, located in Queensland, Australia, in 2020 removed 2.7 million ounces of ore reserves and 5.9 million ounces of mineral resources from Resolute's global inventory.

Current stock price: 37.91 pence

Year-to-date change: down 19%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Resolute Mining Ltd 19.50 GBX 0.52 -
Resolute Mining Ltd 0.39 AUD -2.50 -

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