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Resolute Mining Ltd (RSGR)

London
Currency in GBP
Disclaimer
23.00
+0.40(+1.77%)
Real-time Data

RSGR Price Commentary

No longer highly leveraged following capital raise to strengthen balance sheet, Resolute have recorded growth in production over each of the past four quarters and is on course to meet forecasts. Sulphide production and costs are set to improve in the coming years.
Big increase in the Mineral Resource Estimate for Syama North, increasing 58% to three million ounces of gold!
Highly leveraged, debt ridden gold producer paying down loans and strengthening balance sheet. Heavily shorted in Australia. When gold rises, this will be a top riser
Suffering from Tora Gold acquisition and new Mali mining code
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