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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Resolute Mining Limited | LSE:RSG | London | Ordinary Share | AU000000RSG6 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 18.00 | 17.70 | 18.60 | 18.10 | 18.00 | 18.10 | 109,015 | 08:19:06 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 631.07M | 65.58M | 0.0308 | 11.04 | 383.23M |
From Feb 2020 to Feb 2025
TIDMRSG
RNS Number : 3093T
Resolute Mining Limited
24 March 2021
24 March 2021
Resolute Mining Limited
(Resolute or the Company)
Bibiani Gold Mine Update
`
Resolute Mining Limited (Resolute or the Company) advises that it has today received a letter dated 23 March 2021 from the Ghanaian Minerals Commission advising that, on the instructions of the Ghanaian Honourable Minister of Lands and Natural Resources (the Minister), the Mining Lease for the Bibiani Gold Mine stands terminated. The Company has been advised to cease all activities and operations at the mine site.
This action is unexpected and Resolute is seeking clarification from the Minister's office for the rationale for the termination. As a result of this notice Resolute is currently seeking legal advice on the validity of the notice, its rights of appeal and potential recourse while considering the impact of the notice on the sale agreement with Chifeng Jilong Gold Mining Co. Ltd for the sale of the Bibiani Gold Mine.
Contact Information
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Resolute Berenberg (UK Corporate Broker)
Stuart Gale, Interim CEO Matthew Armitt / Detlir Elezi
Telephone: +61 8 9261 6100 Telephone: +44 20 3207 7800
Email: 34TU contact@rml.com.au Tavistock (UK Public Relations)
U34T Jos Simson / Emily Moss / Annabel de
Web: 34T www.rml.com.au 34T Morgan / Oliver Lamb
Telephone: +44 207 920 3150 / +44 778
855 4035
Email: 34T resolute@tavistock.co.uk
34T
Authorised by Mr Stuart Gale, Interim CEO
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (MAR). Upon the publication of this announcement via a Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
UPDSEDSWLEFSESD
(END) Dow Jones Newswires
March 24, 2021 03:04 ET (07:04 GMT)
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