Mako gold mine
Resolute is forecasting total gold production for CY21 of 350,000 oz to 375,000 oz at an AISC/oz of US$1,200/oz to US$1,275/oz
Successful extension exploration drilling programmes, mine design improvements, and optimisation of mine scheduling work undertaken at gold producer Resolute Mining’s Mako gold mine in Senegal has resulted in material improvements to an updated life of mine plan.
Gold miner Resolute Mining has not has not amended its current production or cost guidance in response to COVID-19.
Resolute Mining has provided a production update for the December 2019 Quarter. Total quarterly gold production increased by 2,092 oz to 105,293 oz.
Resolute Mining has reported a half year net profit after tax of A$39 million for the six month period ended 30 June 2019 (H1 FY19).
Private gold mining, exploration and development company Toro Gold poured first gold from its Mako mine in Senegal in January this year. It has since then masterfully delivered during the first few months of operation, outperforming some of the milestones it had set for itself, says director and CEO Martin Horgan.