Resolute closes on Ravenswood sale

Resolute Mining appears on the cusp of selling the low-grade Ravenswood gold mine in Queensland to private equity firm EMR Capital for an initial payment of A$100 million.

Ravenswood in Queensland, Australia, looks to be disappearing from Resolute's view

14 January 2020
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Cardinal heading down familiar gold road

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The miner confirmed a media report it was in "advanced" talks to sell the operation that's got a production target this year of 80,000 ounces at all-in sustaining costs of US$1,200 per ounce (about

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