IN BRIEF: Resolute Mining receives GBP10 million payment from Asante

Tue, 20th Sep 2022 11:59

Resolute Mining Ltd - Perth-based gold miner in Africa - Receives first USD10 million payment under its deferred payment arrangement with Asante Gold Corp. Expects to receive further USD10 million payment on or before October 19, and a final payment of USD12.7 million on or before November 18.

In August last year, Resolute sold its Bibiani gold mine in Ghana to Asante for USD90 million.

Current stock price: 13.34 pence, down 4.6% in London on Tuesday

12-month change: down 39%

By Sophie Rose; sophierose@alliancenews.com

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