Resolute Mining announced its quarterly activities report for the quarter to 30 June 2015. Total Quarterly gold production of 99,329oz was achieved at a cash cost of A$830/oz (US$645/oz) resulting in annual gold production of 328,684oz at a cash cost of A$845/oz (US$701/oz), both beating guidance. Record quarterly production at Syama in Mali was 71,973oz of gold at a cash cost of A$790/oz (US$614/oz) bringing annual gold production at Syama to 224,911oz at a cash cost of $800/oz (US$663/oz) with the new oxide circuit contributing 45,916oz. Gold production at Ravenswood in Australia generated 27,356oz at a cash cost of A$936/oz (US$727/oz). Annual gold production was 103,773oz at a cash cost of $940/oz (US$785/oz).
This is fantastic but sadly bears are in control until POG rallies. Dipped in at 24c today for another lot of this great goldie
Ann: Resolute Operational Update, page-12
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