CAPITAL MARKETS

Resolute profit falls after transitional year

A BIG year of capital investment at Syama and smaller year of overall production has seen Resolute Mining report a net profit of A$78 million, a little less than half the result signed-off on for the previous 12 month period in 2017.

 Syama is the centrepiece of a growing Resolute

Syama is the centrepiece of a growing Resolute

Resolute produced 284,185 ounces at all-in sustaining costs of $1355/oz in the year completed June 30, versus 329,834 ounces at AISC of $1132/oz 12 months earlier. Revenue in the just-completed year...

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