Resolute Mining: Increases mineral resources at operations

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Resolute Mining: Increases mineral resources at operations

  • Resolute Mining (RSG) increases the mineral resources and maintains the ore reserves for its operations
  • The mineral resources have increased by one million ounces to 9.5 million ounces of gold while ore reserves have remained at 4.1 million ounces
  • The sale of the Bibiani Gold Mine in August removed 660,000 ounces of ore reserves and 2.5 million ounces of mineral resources from Resolute’s inventory
  • As of December 31 2021, Resolute’s direct share of ore reserves was 3.4 million ounces while mineral resources was 7.8 million ounces
  • Resolute ends the day a slight 0.93 per cent in the green with shares trading at 27.3 cents
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