Resolute Mining Ltd. (ASX:RSG)

Resolute Mining Ltd. (ASX:RSG) Company Profile

Symbol(s): ASX:RSG, OTCMKTS:RMGGF
Industry: Gold Mining
Website: www.resolute-ltd.com.au
eMail: info@resolute-ltd.com.au

Resolute Mining Ltd. (ASX:RSG) is an Australian Gold mining company. It’s a mid-tier producer mainly focused on exploration and development of mineral properties in Australia, Mali and Cote d’Ivoire. The company has multiple properties including Mt Wright (Charters Towers, Australia), Sarsfield (Ravenswood, Australia), Syama (Bamako, Mali), Mingela (Ravenswood, Australia), Welcome Breccia (Ravenswood, Australia), Cote D Ivoire (Cote D’ivoire, Cote d’Ivoire) and Borokoba (Bamako, Mali).

Resolute Mining Ltd. (ASX:RSG) has about 12.5 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$77.578 per gold equivalent ounce. The company currently produces 315000 ounces of gold per year with the all-in sustaining costs of US$1100 per ounce.

Resolute Mining Ltd. has US$55 million cash and US$86 million debt. The company has 1102.83 million shares outstanding and as of September 01, 2020, had a market capitalization of US$938.73 million. The stocks of Resolute Mining Ltd. trade on the Australian Securities Exchange and the Over-the-Counter Exchange.