PRECIOUS METALS

Resolute adds life at Mako gold mine

Resolute Mining’s Mako operation in Senegal will continue producing until early 2027 based on the current life-of-mine plan, with output over this period (including the current year) totalling 900,000 ounces at all-in sustaining costs of US$900 per ounce.

 Resolute Mining managing director John Welborn at Mako in Senegal

Resolute Mining managing director John Welborn at Mako in Senegal

That compares with the expectation at the start of 2020 of 700,000oz at AISC of $840/oz, with a deepening of the pit resulting in additional "mining inventory". Ore reserves of 11.1 million tonnes...

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