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Resolute Mining Announces the Sale of Bibiani Gold Mine for US$90m in Cash

05 Aug 2021  |  10:10:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Sale of Bibiani Gold Mine for US$90 million in cash

Resolute Mining announced that it has agreed to sell its interest in the Bibiani Gold Mine (Bibiani) to Asante Gold (Asante) for total cash consideration of US$90m. The agreement has received Ministerial Consent, having been approved by the Ghanaian Honourable Minister of Lands and Natural Resources. Treadstone Resource Partners acted as financial advisor to the Company.

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