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Resolute says strike at Mali mine won’t impact guidance

Dec 8, 2020

Source: https://www.mining.com/resolute-says-strike-at-mali-mine-wont-impact-guidance/

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The Syama gold complex comprises the Syama underground mine and the Tabakoroni open pit operation. (Photo by Philip Mostert | Resolute Mining.)

Australia’s Resolute Mining (ASX, LON: RSG) said on Tuesday that a five-day strike at its Syama gold mine in Mali over its covid-19 policy is unlikely to impact the company’s 2020 production guidance.

Resolute expects to produce between 400,000 and 430,000 ounces of gold at all-in sustaining costs (AISC) of $980 per ounce. It had originally forecast 500,000 ounces for the year, but early measures related to containing the spread of the global pandemic forced the miner to revise the target.

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The Syama gold complex comprises the Syama underground mine and the Tabakoroni open pit operation. (Photo by Philip Mostert | Resolute Mining.)

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