Resolute Mining sells Bibiani to Chinese group
Australia’s Resolute Mining (LSE: RSG; ASX: RSG) has agreed to sell its Bibiani gold mine in Ghana to China’s Chifeng Jilong Gold Mining for US$105 million in cash. The Western Australia-based…
Resolute Mining
Gold miners keep operating in Mali despite coup
Gold miners operating in Mali said they are continuing to operate while monitoring a political crisis that shut the country’s borders and hit share prices on Aug. 19. Malian President…
Resolute sells Ravenswood to focus on Africa
Resolute Mining (LSE: RSG) is selling its Ravenswood gold mine in Queensland — its only Australian asset — to private equity firm EMR Capital Management for US$207 million in cash….
Orca tables feasibility study for Block 14 in Sudan
Orca Gold (TSXV: ORG; US-OTC: CANWF) has tabled a feasibility study for its Block 14 gold project in northern Sudan, and with it the project’s first reserve estimate. At a…
Resolute Mining to invest $21M in Orca Gold
African-focused gold miner Resolute Mining (US-OTC: RMGGF) is investing nearly $22 million in Orca Gold (TSXV: ORG: US-OTC: CANWF) in a two-tranche deal that Orca expects will close this July….