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resolute resolute mining ghana

resolute resolute mining ghana

Bibiani Ghana, West Africa Home Resolute Mining

The Government of Ghana is entitled to a 10% free carried interest in Mensin Gold Bibiani Limited. Since assuming ownership in 2014 Resolute has embarked on two surface and underground resource drilling programs to re-assess the underground mine potential and in June 2018 released an update to its June 2016 feasibility study.

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Resolute Mining's Ghana mine lease restored, shares jump

Apr 14, 2021 April 14 (Reuters) Australian gold miner Resolute Mining RSG.AX said on Wednesday that the mining lease for its Bibiani gold mine in Ghana

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Resolute Mining shares drop 25% on Ghana lease termination

Mar 24, 2021 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

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Yaw Mensah: Resolute Mining vs Ghana: sign of a looming

Apr 14, 2021 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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Resolute Mining's Bibiani Lease Terminated by Ghana City

Resolute Mining (LSE / ASX: RSG) Resolute Mining Limited advises that it has today received a letter dated 23 March 2021 from the Ghanaian Minerals Commission advising that, on the instructions of the Ghanaian Honourable Minister of Lands and Natural Resources, the Mining Lease for the Bibiani Gold Mine stands terminated.

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Resolute Mining's Ghana mine lease restored, shares jump

Apr 14, 2021 April 14 (Reuters) Australian gold miner Resolute Mining RSG.AX said on Wednesday that the mining lease for its Bibiani gold mine in Ghana

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Resolute Mining's Bibiani Lease Terminated by Ghana City

Resolute Mining (LSE / ASX: RSG) Resolute Mining Limited advises that it has today received a letter dated 23 March 2021 from the Ghanaian Minerals Commission advising that, on the instructions of the Ghanaian Honourable Minister of Lands and Natural Resources, the Mining Lease for the Bibiani Gold Mine stands terminated.

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Ghana scraps Resolute’s mining lease for Bibiani Gold Mine

Mar 25, 2021 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

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Yaw Mensah: Resolute Mining vs Ghana: sign of a looming

Apr 15, 2021 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

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Resolute Mining to sell Bibiani Gold Mine in Ghana for $105m

Dec 16, 2020 Africa-focused miner Resolute Mining has signed a binding agreement to sell the Bibiani Gold Mine in Ghana for $105m. The mine will be acquired by Chijin International (HK), a wholly-owned subsidiary of Chifeng Jilong Gold Mining. As agreed, Resolute will receive $5m deposit on signing the agreement and the remaining $100m on completion.

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Resolute's Welborn expects to divest of Ghana mine Bibiani

Jun 29, 2020 RESOLUTE Mining intended to complete the sale of its Ghana mine Bibiani this year despite delays to a strategic review caused by the COVID-19 pandemic. “We were intending to recommission the asset. In response to the inbound interest, we’ve been running what has publicly been called a strategic review,” said John Welborn, CEO of Resolute Mining in an interview.

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Resolute sells Bibiani Ghana Visions

Dec 15, 2020 134 Views. PERTH (miningweekly) Gold miner Resolute Mining has struck a $105-million sales agreement with China’s Chifeng Jilong Gold Mining Co for its Bibiani gold mine, in Ghana. The project was acquired by Resolute in 2004, and was placed on care and maintenance shortly after, to allow exploration activities to enable the

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Resolute Mining vs Ghana: Sign of a looming crisis in the

Apr 14, 2021 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. By close on Wednesday, Resolute’s stock price was down 24.7% on the London Stock Exchange hitting a record low since listing in the late 1990s.

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Chifeng calls off deal to buy Ghana Mining Technology

Apr 20, 2021 China’s Chifeng Jilong Gold Mining has terminated the $105m deal signed last year with Resolute Mining to acquire the Bibiani gold mine in Ghana. The move comes as Resolute Mining failed to timely inform Chifeng Jilong Gold Mining about the mining lease termination earlier this year by the Ghanaian Government.

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Resolute Mining sells Bibiani to Chinese group MINING.COM

Dec 15, 2020 Australia’s Resolute Mining (ASX, LON: RSG) has agreed to sell its Bibiani gold mine in Ghana to China’s Chifeng Jilong Gold Mining for $105 million cash. The

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Ghana terminates Resolute Mining's Bibiani lease

Mar 25, 2021 Resolute Mining (LSE: RSG; ASX: RSG) is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated and the company was told to cease all activities and operations at the mine site.. In a press release today, Resolute said that the action on behalf of the Minister of Lands and Natural Resources was unexpected, and that the company is seeking

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Ghana terminates Resolute Mining’s Bibiani lease Gh

Mar 25, 2021 Resolute Mining is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated and the company was told to cease all activities and operations at the mine site. In a press release today, Resolute said that the action on behalf of the Minister of Lands and Natural Resources was unexpected, and that the company

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Resolute Mining Limited LinkedIn

Resolute is a proud partner of Ghana, the largest gold producer in Africa and among the top 7 producers in the world. Following recent meetings in Accra with the Hon. Samuel A Jinapor, MP, Ghana

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Resolute shares jump on Bibiani mine lease MINING.COM

Apr 14, 2021 Shares in Australia’s Resolute Mining (ASX, LON: RSG) shot up on Wednesday on news that Ghana had restored the mining lease for the company’s

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Resolute Mining Limited LinkedIn

Resolute is a proud partner of Ghana, the largest gold producer in Africa and among the top 7 producers in the world. Following recent meetings in Accra with the Hon. Samuel A Jinapor, MP, Ghana

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Resolute to sell Ghana gold mine to China's Chifeng Jilong

Dec 15, 2020 Australian gold miner Resolute Mining has agreed to sell its Bibiani underground gold mine project in Ghana to China's Chifeng Jilong Gold Mining Co Ltd for $105 million, the companies said in

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Chifeng Terminated Pact to Acquire Resolute’s Ghana Gold

Apr 21, 2021 SEATTLE (Scrap Monster): Chinese Chifeng Jilong Gold Mining announced that it has has terminated the $105m deal signed last year with Resolute Mining to acquire the Bibiani gold mine assets in Ghana. The company alleged that Resolute Mining failed to timely inform it about the termination of the mining lease by the Ghana government authorities earlier this year.

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Yaw Mensah: Resolute Mining vs Ghana: sign of a looming

Apr 15, 2021 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

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Resolute wins back Bibiani lease from Ghana on condition

Apr 14, 2021 Resolute was to bank about $105m from the sale of Bibiani, currently in mothballs, before the Ghanaian government terminated the mining lease earlier this month. Proceeds from the sale to Chifeng would have accelerated the deleveraging of the firm’s balance sheet. Resolute said in March that it expected to generate sufficient operating cash

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Ghana terminates Resolute Mining’s Bibiani lease Gh

Mar 25, 2021 Resolute Mining is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated and the company was told to cease all activities and operations at the mine site. In a press release today, Resolute said that the action on behalf of the Minister of Lands and Natural Resources was unexpected, and that the company

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Resolute shares jump on Bibiani mine lease MINING.COM

Apr 14, 2021 Shares in Australia’s Resolute Mining (ASX, LON: RSG) shot up on Wednesday on news that Ghana had restored the mining lease for the company’s

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China's Chifeng withdraws from $105m purchase of Bibiani

Apr 19, 2021 CHINA’S Chifeng Jilong Gold Mining Co. has withdrawn from an agreement to buy the Bibani gold mine in Ghana after conditions were imposed on the award of its mining lease, held by Resolute Mining.. Resolute last year agreed to sell Bibiani to Chifeng for $105m. However, the transaction was stymied after Ghana this month suspended Resolute’s mining lease.

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Ghana returns Bibiani to Resolute to protect investment

Apr 14, 2021 Ghana returns Bibiani to Resolute to protect investment reputation. CONSCIOUS of the reputational damage the stripping of the Bibiani asset from Resolute Mining may have had on foreign investment into Ghana has resulted in authorities in the West African country reinstating ownership to the ASX-listed miner with conditions.

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Company Overview Resolute Mining

Resolute currently owns two producing gold mines: the Syama Gold Mine in Mali (Syama) and the Mako Gold Mine in Senegal (Mako). Our Global Mineral Resource base comprises 11 million ounces of gold. Syama is a robust, long-life asset which is expected to produce 235-255,000oz of gold in 2021 from existing processing and mining infrastructure.

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Chifeng Jilong Gold Mining Co. Ltd’s USD105 Million

Dec 18, 2020 Chifeng acquired the Bibiani Gold Mine in Ghana from Resolute Mining Limited (Resolute) for USD105 million. Chijin International (HK) Limited, a wholly owned subsidiary of Chifeng, has entered into a binding agreement with Western Australia based Resolute to acquire Resolute’s interest in the Bibiani Gold Mine through the purchase of shares

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Resolute Mining shares drop 25% on Ghana lease termination

Mar 25, 2021 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

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Chifeng calls off deal to acquire Ghana gold mine from

Dec 17, 2020 China’s Chifeng Jilong Gold Mining has terminated the $105m deal signed last year with Resolute Mining to acquire the Bibiani gold mine in Ghana. The move comes as Resolute Mining failed to timely inform Chifeng Jilong Gold Mining about the mining lease termination earlier this year by the Ghanaian Government. At that time, Resolute Mining

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COVID-19 Update Resolute Mining

Mar 26, 2020 Collaboration: Resolute is engaging with host governments in Mali, Senegal and Ghana; Australian diplomatic agencies in Africa; industry groups; and peer companies to collaborate on operational logistics and manage the impacts of the pandemic for the mining industry in West Africa.

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