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Resolute reserves slump following Ravenswood sale

Resolute Mining saw its ore reserve inventory fall 36% year-on-year to 4.7Moz as of December 31 following the sale of Ravenswood in Queensland.

Resolute reserves slump following Ravenswood sale Resolute reserves slump following Ravenswood sale Resolute reserves slump following Ravenswood sale Resolute reserves slump following Ravenswood sale Resolute reserves slump following Ravenswood sale

Resolute's Syama gold mine is located in southern Mali, approximately 30km from the Côte d’Ivoire border

Mineral resources were down 42% yoy to 11Moz.

The sale of the Ravenswood, which the company completed at the end of March 2020, took 2.7Moz of reserves and 5.