ASIC welcomes Syama write-down

THE Australian Securities and Investments Commission has welcomed Resolute Mining’s $A310 million impairment on the Syama gold operation in Mali after raising previously raising concerns.

ASIC welcomes Syama write-down ASIC welcomes Syama write-down ASIC welcomes Syama write-down ASIC welcomes Syama write-down ASIC welcomes Syama write-down

The impairment charge, relating to the deferral of the stage two cutback, took Resolute to a $324 million half-year loss.