Resolute Mining gold production exceeds full year target Syama project is expected to achieve 300000 ounces per year

Published: Jul 31, 2019 11:14 (GMT+8)

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Resolute Mining7 reported on March 30 that although the company's gold production fell to 78132 ounces in the last quarter, down from 98105 ounces in the previous quarter. But full-year gold production reached 305436 ounces, exceeding the target of 300000 ounces. So now the company has revised its annual gold production target to 330000 ounces.

SMM7, March 31: Resolute Mining7 reported on the 30th that although the company's gold production fell to 78132 ounces in the last quarter, down from 98105 ounces in the previous quarter. But full-year gold production reached 305436 ounces, exceeding the target of 300000 ounces. So now the company has revised its annual gold production target to 330000 ounces.

Ravenswood continued to produce 91400 ounces in the quarter, up slightly from 9500 ounces in the previous quarter. And research on the project shows that the gold mine is expected to produce 200000 ounces of gold a year over the next 15 years.

The results of the feasibility study on the Syama project also show that the mining life of the gold mine can be extended to 2032 and that once the underground project is fully put into production, the annual gold production is expected to reach 300000 ounces. "Company financial statements

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