Resolute’s profits rise on higher output and gold price

February 28, 2016

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Gold miner Resolute Mining has reported an increase in gross profits for the first half of 2016, from the A$29-million reported in the previous corresponding period to A$67-million in the six months ending December.

Revenue for gold sales during the period was up 19% on the first half of 2015, from A$209-million to A$249-million, on the back of higher gold production and sales, combined with a higher gold selling price.

Category: General