· RESOLUTE MINING: Sells Ghana Gold Mine for $90 Million; Shares up 5% MT 07/29 RESOLUTE MINING: Lowers 2021 Gold Production Guidance MT 07/29 Resolute Mining Limited Announces Production Results for the Quarter and Year to Date Ended June CI ...
More Details· Resolute Mining announced that the mining lease for its Bibiani Gold Mine in Ghana has been scrapped by the Ghanaian government. The company had received a letter from the Ghanaian Minerals Commission that the Ghanaian Minister of Lands and Natural Resources had instructed to terminate the mining lease. Furthermore, Resolute Mining said that it ...
More Details· The recent decision by the Minister of Lands and Natural Resources to terminate Resolute Mining''s mining lease for the Bibiani gold mine in Ghana has been a surprise to many.
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More Details· The recent decision by the Minister of Lands and Natural Resources to terminate Resolute Mining''s mining lease for the Bibiani gold mine in Ghana has been a surprise to many. By suddenly ordering the mining company to cease all activity at the mine site without any explanation, the Ghanaian government sent shockwaves through the stock price of Resolute.
More Details· Resolute to sell Ghana gold mine to Asante. (Credit: Gerd Altmann from Pixabay.) Australia-based Resolute Mining has agreed to sell its Bibiani gold mine located in Ghana to Canada''s Asante Gold for a total of $90m in cash. Under the terms of the agreement, Asante will make an initial payment of $30m, additional $30m on or before 6 months ...
More Details· April 14 (Reuters) - Australian gold miner Resolute Mining RSG.AX said on Wednesday that the mining lease for its Bibiani gold mine in Ghana has …
More Details· Resolute is proud of its contribution to Ghana and particularly proud to have the opportunity to transfer ownership in Bibiani to a highly regarded team with strong ties to Ghana. I would once again like to reiterate my sincere gratitude to the Minister for his leadership, sense of integrity, and collaboration with Resolute and Asante to achieve a mutually beneficial outcome for all parties.
More Details· The Ghanaian government has terminated Resolute Mining''s mining lease for the Bibiani Gold Mine. Located in the west of Ghana, the Bibiani underground mine is owned by Mensin Gold Bibiani (MGBL), a wholly owned subsidiary of Resolute Mining. The Ghanaian government owns the right to a 10% free carried interest in the gold mine.
More Details· Gold miner Resolute Mining has struck a $90-million deal with Asante Gold Corporation to sell its Bibiani gold mine, in Ghana. Resolute earlier this year was forced to terminate a $ ...
More DetailsPotential exists for a high margin, long life underground mining operation at the Bibiani Gold Mine which is situated in the western region of Ghana in West Africa. It is bordered by Burkina Faso to the north, Cote d''Ivoire to the west and Togo to the east. Bibiani is owned by Mensin Gold Bibiani Limited, a wholly owned subsidiary of Resolute.
More Details· RESOLUTE Mining''s efforts to sell its Bibiani gold mine may have been stymied at the last moment after the Ghana government ordered the termination of the mining lease. The UK-listed gold producer said in an announcement today that it had been advised to stop all activities and operations at the mine. Bibiani has been in …
More Details· Australia-based Resolute Mining has agreed to sell its Bibiani gold mine located in Ghana to Canada''s Asante Gold for a total of $90m in cash. Under the terms of the agreement, Asante will make an initial payment of $30m, additional $30m on or before 6 …
More DetailsResolute currently owns three gold mines, the Syama Gold Mine in Mali Syama, the Ravenswood Gold Mine in Australia Ravenswood and the Bibiani Gold Mine in Ghana Bibiani. For the financial year ending 30 June 2019, Resolute expects to produce 300,000oz of gold …
More Details· Resolute Mining (LSE: RSG.L) said it is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated. Resolute said the action on behalf of the Minister of Lands ...
More Details· Gold player Resolute Mining has finally landed a deal to offload its Bibiani gold mine in Ghana for $122 million (US$90mil) to U.S listed company, Asante …
More DetailsAustralian-based Resolute Mining is seeking legal advice after being hit with a notice from Ghana''s Minerals Commission terminating the mining lease over its -owned Bibiani gold mine in the western region.The termination, and notice to cease all activities and ...
More Details· Resolute is a successful gold miner with more than 30 years'' experience as an explorer, developer and operator of gold mines in Australia and Africa which have produced more than 8Moz of …
More Details· Resolute Mining shares rose 4.5% to A$0.58 in early trade. The deal had been approved by Ghana''s minister of lands and natural resources and is expected to be completed in the next 10 days, Resolute Mining said in a statement.
More Details· RESOLUTE Mining has launched a second attempt at the sale of the mothballed Bibiani mine in Ghana with the outlook second time round looking significantly better given the buyer is a company with local ownership. The UK-listed miner said today Asante Gold …
More Details· Resolute Mining (RSG) has entered a binding agreement to sell the Bibiani gold mine in Ghana to China-based Chifeng Jilong Gold Mining The deal is expected to net Resolute around US$105 million (approximately A$139.33 million) but still requires approval by the
More Details· AUSTRALIAN gold mining company Resolute Mining announced they would be selling its entire Bibiani Mine in Ghana to Canada''s Asante Gold Corp for $90 million. The agreement was announced on August 5 that Asante Gold would purchase 100 percent of the shares in Mensin Bibiani Pty Ltd as they expressed interest in owning the full Bibiani mine in Ghana.
More Details· GHANA – Resolute Mining Ltd has announced that it has agreed to sell its Bibiani gold mine in Ghana to Asante Gold Corp. for US$90 million in cash. The company will receive an initial US$30 million payment, followed by another US$30 million on or before six months from the transaction close. ...
More DetailsResolute Mining has had the lease for its Bibiani Gold Mine in Ghana terminated by the Ministry of Mines, with no explanation given. Resolute Mining (LSE / ASX: RSG) Resolute Mining Limited advises that it has today received a letter dated 23 March 2021 from the ...
More Details· Resolute Mining has sold its Bibiani gold asset in Ghana for US$90 million to a Canada-based company, with $30 million received and completion of the …
More Details· The recent decision by the Minister of Lands and Natural Resources to terminate Resolute Mining''s mining lease for the Bibiani gold mine in Ghana has been a surprise to many. By suddenly ordering the mining company to cease all activity at the mine site without any explanation, the Ghanaian government sent shockwaves through the stock price of Resolute.
More DetailsResolute is proud of its contribution to Ghana and particularly proud to have the opportunity to transfer ownership in Bibiani to a highly regarded team with strong ties to Ghana. I would once again like to reiterate my sincere gratitude to the Minister for his leadership, sense of integrity, and collaboration with Resolute and Asante to achieve a mutually beneficial outcome for all parties.
More Details· Australian gold miner Resolute Mining has agreed to sell its interest in the idled Bibiani gold mine in the western region of Ghana to Asante Gold Corporation for approximately A$121 million. Resolute''s Managing Director & CEO Stuart Gale said the transaction was ...
More DetailsResolute shares plummet after Bibiani gold mining lease is ...
More Details· Gold miner Resolute Mining has struck a $90-million deal with Asante Gold to sell its Bibiani gold mine, in Ghana. Resolute earlier this year was forced to terminate a $105-million sales agreement over the Bibiani project with China''s Chifeng Jilong Gold Mining Co ...
More Details· Resolute Mining (LSE: RSG.L) said it is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated. The miner has been ordered to cease all activities and operations at the mine site. Resolute said the action on behalf of the Minister of Lands and Natural Resources had been unexpected, and that the company was ...
More Details· Resolute Mining (RSG) is selling the Bibiani Gold Mine in Ghana to Asante Gold for US$90 million (A$121.9 million) in cash RSG was close to selling the gold mine to a China-based company at the end of last year until it terminated the deal in April Resolute has …
More Details· Editor''s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today''s must-read news and expert opinions. Sign up here! - Asante Gold (CSE:ASE, U.S.OTC:ASGOF) announced today that the company has entered into an agreement with Resolute Mining to purchase of its Bibiani gold mine in Ghana. According to the …
More Details· Australian gold miner Resolute Mining has agreed to divest its Bibiani mine in Ghana to Canada''s Asante Gold in a $90m deal. Asante will acquire all of Resolute''s stake in the Bibiani mine, through the purchase of Mensin Bibiani. Under the agreement, Asante will ...
More DetailsBack in mid-April this year Resolute was considering new development or sale options for its mothballed Bibiani mine after Chinese buyer Chifeng Jilong Gold Mining terminated the $105M purchase agreement signed in Dec 2020.
More Details· Resolute Mining shares rose 4.5% to A$0.58 in early trade. The deal had been approved by Ghana''s minister of lands and natural resources and is expected to be completed in the next 10 days, Resolute Mining said in a statement.
More Details· Australia''s Resolute Mining to sell Bibiani mine to Asante Gold for US$90 mln. Australian gold miner Resolute Mining Ltd said on Thursday it would sell its Bibiani mine in Ghana to Canada''s Asante Gold Corp for US$90 million. The sale comes months after China''s Chifeng Jilong Gold Mining cancelled a deal to buy the mine, saying it had not ...
More Details· AUSTRALIAN gold mining company Resolute Mining announced they would be selling its entire Bibiani Mine in Ghana to Canada''s Asante Gold Corp for $90 million. The agreement was announced on August 5 that Asante Gold would purchase 100 percent of the shares in Mensin Bibiani Pty Ltd as they expressed interest in owning the full Bibiani mine in Ghana.
More Details· Resolute Mining shares rose 4.5% to A$0.58 in early trade. The deal had been approved by Ghana''s minister of lands and natural resources and is expected to be completed in the next 10 days ...
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