Resolute To Expand Syama Gold Mine

Mining Weekly reported that Resolute Mining’s (ASX:RSG) board has approved spending $24 million to expand the Mali-based Syama gold mine.

As quoted in the market news:

Sullivan noted that negotiations for the engineering, procurement, construction and management contract for the expansion project were now under way, and said that orders for major equipment would be placed over the next four months, with demolition work expected to start in the September quarter.

Click here to read the full Mining Weekly report.