EXPLORATION & DEVELOPMENT

Big new Syama numbers from Resolute get good reaction

WHILE a doubling in the capital cost of a project would typically cause major consternation with investors, initial market reaction to Resolute Mining’s updated numbers for major underground developments and other capital initiatives at the big Syama gold project in Mali has been positive.

Big new Syama numbers from Resolute get good reaction

Syama is now expected to cost US$224 million to get up and running in its expanded and new underground guise (versus the previous estimate of $108 million), with the fillip for investors being the additional...

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