resolute sells rbk stake

the following might interest some people

Resolute Mining Limited has entered into an agreement with Canadian
company Golden Star Resources Limited for the sale to Golden Star of
Resolute's Obotan Plant located in Ghana and 4.5% shareholding in Red
Back Mining NL for a total price of US$5.5 million.

The Obotan Plant includes all processing plant and equipment,
powerhouse, stores inventory and spares located at the Obotan mine
site. Total consideration for this is US$4.3 million. Resolute
retains the mining lease and the rehabilitation obligations following
removal of the plant from the site.

The sale of Resolute's 4.5% shareholding in Red Back Mining is for
US$1.24 million (approximately A$0.40 per share) and is subject to
approval by Red Back Mining.

Resolute remains committed to its existing projects in Ghana and
continues to look for other development and operating opportunities
in that country.