Resolute Mining FY18 gold production beats guidance

Company News

by Anna Napoli

Resolute Mining (ASX:RSG) has announced financial year 18 gold production of 284 thousand ounces at $1355 per ounce.

The result is ahead of the gold miner’s revised guidance of 280 thousand ounces.

The company produced 75 thousand ounces for the June 2018 quarter.

CEO John Welborn says the company had a solid June quarter during which operating performance allowed Resolute to beat revised annual production and cost guidance.

Shares in Resolute Mining (ASX:RSG) are trading 0.8 per cent higher at $1.31.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.