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IN BRIEF: Resolute Mining notes ‘minimal disruption’ at Mali mine

ALN

Resolute Mining Ltd - Africa-focused gold miner - Reports ‘minimal disruption’ at its Syama mine in the south of Mali, with the asset continuing to ‘operate normally’, as the company acknowledges articles pertaining to events in the country. AFP reported on Friday of a fuel blockade, as instability causes supply challenges within the region. Resolute Mining says it is ‘addressing the supply chain challenges, namely with delivery of fuel and explosives, by diversifying its supplier-base and logistics routes.’ However, it says that the situation ‘continues to be unpredictable’. The company adds that permits for the Syama operation and exploration activities are in good standing, with employee safety a top priority.

Current stock price: 43.40 pence, down 3.9% on Tuesday morning in London

12-month change: up 12%

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