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London Stock Exchange

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Share Price: 21.80

Bid: 21.80

Ask: 22.80

Change: -0.50 (-2.24%)

Spread: 1.00 (4.587%)

Open: 21.80

High: 21.80

Low: 21.80

Prev. Close: 22.30

RSG Live Price

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IN BRIEF: Resolute Mining Reinstates Guidance As Strike Is Called Off

Mon, 28th Sep 2020 21:05

Resolute Mining Ltd - operator of Syama gold mine, Mali - Mali subsidiary comes to compromise with Union Nationale des Travailleurs du Mali under which a commission will be set up to support measures needed in response to Covid-19 and other economic conditions. As a result, proposed strike action at Syama gold mine has been cancelled.

As a result, Resolute Mining has reinstated production guidance for 2020 to be within the range of 400,000 to 430,000 ounces of gold, up from 384,731 ounces in 2019.

Current stock price: 53.98 pence

Year-to-date change: down 22%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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