CAPITAL MARKETS

Resolute's reinvention reduces result's relevance

TRANSITIONING gold miner Resolute Mining has reported a 171% increase in earnings versus results 12 months ago after selling an additional 35,000 ounces and receiving a higher gold price.

Resolute MD John Welborn is overseeing a large increase in production of the yellow metal for the company in Africa and Australia

Resolute MD John Welborn is overseeing a large increase in production of the yellow metal for the company in Africa and Australia

The West African and Australian producer said its half-year gross profit from operations totalled A$69 million, with gold production coming in at 176,237oz and all-in sustaining costs US$828/oz - against...

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