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RSG Resolute Mining Limited

0.435
0.0225 (5.45%)
Last Updated: 03:14:17
Delayed by 20 minutes
Share Name Share Symbol Market Type
Resolute Mining Limited ASX:RSG Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0225 5.45% 0.435 0.43 0.435 0.445 0.42 0.425 16,473,157 03:14:17

Kodal Minerals Progresses With Gold Projects in West Africa

26/07/2016 9:00am

Dow Jones News


Resolute Mining (ASX:RSG)
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By Alex MacDonald

 

LONDON--Kodal Minerals PLC (KOD.LN) said Tuesday it is making progress with the development of its gold projects in West Africa.

The company is digging a further five trenches at its Nangalasso gold project in Mali with test results due in August.

Meanwhile it is conducting geochemical sampling at its 100%-owned Korhogo gold project in the Ivory Coast and said its joint venture partner Newcrest Mining Ltd. (NCM.AU) has restarted field work at the Dabakala gold project in the Ivory Coast. Resolute Mining Ltd. (RSG.AU) is carrying out geochemical sampling at jointly-owned Nielle and Tiebissou projects in the Ivory Coast while discussions are ongoing with the Ivory Coast government for the granting of the M'Bahaikro licence to allow field work to start there.

Kodal's shares were up 5.6% at 0.048 pence a share, resulting in a market capitalization of 1.8 million pounds or $2.4 million.

 

Write to Alex MacDonald at alex.macdonald@wsj.com

 

(END) Dow Jones Newswires

July 26, 2016 03:45 ET (07:45 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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