By Sherin Sunny — Jan 29 - 08:06 PM
• Shares of Resolute Mining fall 2.4% to A$0.41
• Stock hits lowest level since Dec. 13, 2024
• Gold miner expects 2025 group production to be between 275,000 and 300,000 oz of gold at between $1,650 and 1,750/oz AISC (all-in sustaining costs)
• Co posts 2024 group gold production of 340 koz, slightly below guidance of 345–365 koz due to lower-than-expected production at Mako gold mine in Senegal
• Says lower production forecast a result of weaker production from Mako as open pit mining stops at the end of first half
• Stock up 6.3% this year, as of last close
(Reporting by Sherin Sunny in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters
