Resolute receives Environmental Permit Authorisation for Bibiani

Company News

by Rachael Jones

Resolute Mining (ASX:RSG) has received Environmental Permit Authorisation to recommission the Bibiani Underground mine and processing plant.

The EPA has been issued by the Ghanaian Environmental Protection Agency following submission of an Environmental Impact Assessment and completion of a negotiation and consultation process that that started in August in 2016.

Gold production can be maintained at an average of approximately 100,000oz per annum for a ten-year mine life.

The Study Update that confirms Bibiani represents a compelling growth opportunity for Resolute.

Shares in Resolute Mining (ASX:RSG) closed down yesterday 0.74 per cent to $1.34.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.