CAPITAL MARKETS

Syama gets green light

RESOLUTE Mining has given the green light to a redevelopment of the Syama gold mine in Mali at an increased capital cost of $US97 million ($A135 million), a move which will lift the company’s production base over 500,000 ounces annually.

Ben Sharples
Syama gets green light

The gold miner said the increase in capital and operating costs in the updated feasibility study was a result of the increased level of activity in resources sector, but said an increase in the gold price...

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