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Resolute deal key step in 'next phase of growth'

Resolute Mining is adding 90% of the 160,000oz-a-year Mako mine in Senegal to its Africa production base via its US$274 million acquisition of privately-owned Toro Gold. The ASX and London-listed miner says it can produce 400,000oz at an AISC of US$960/oz in calendar 2019 with the cash-and-share funded Toro deal.

Resolute deal key step in 'next phase of growth' Resolute deal key step in 'next phase of growth' Resolute deal key step in 'next phase of growth' Resolute deal key step in 'next phase of growth' Resolute deal key step in 'next phase of growth'

Toro Gold's Mako gold mine in Senegal

"An important part of our next phase of growth," was how Resolute CEO John Welborn summed up the acquisition, said to be welcomed by 94% of Toro's current stockholders, and 10% owner of Mako, the

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