Resolute looking at Ravenswood sale

RESOLUTE Mining appears on the cusp of selling the low-grade Ravenswood gold mine in Queensland to private equity firm EMR Capital for an initial payment of A$100 million.

Resolute looking at Ravenswood sale Resolute looking at Ravenswood sale Resolute looking at Ravenswood sale Resolute looking at Ravenswood sale Resolute looking at Ravenswood sale

Ravenswood looks to be disappearing from Resolute's view

The miner confirmed a media report it was in "advanced" talks to sell the operation that's got a production target this year of 80,000 ounces at all-in sustaining costs of US$1200 per ounce (about

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