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
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Resolute Mining (RSG)