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BRIEF-Resolute Mining says FY17 gold production exceeds original production guidance

Published 12/07/2017, 08:33 am
Updated 12/07/2017, 08:40 am
© Reuters.  BRIEF-Resolute Mining says FY17 gold production exceeds original production guidance
RSG
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July 12 (Reuters) - Resolute Mining Ltd RSG.AX :

* FY17 gold production of 329,834 ounces exceeds original production guidance of 300,000 ounces and upgraded guidance of 325,000 ounce

* Sees FY18 all-in sustaining cost forecast to be A$1,280 per ounce (US$960 per ounce)

* Sees FY18 capital expenditure for growth projects at syama underground and Ravenswood expansion project expected to be A$162 million

* Sees FY18 gold production forecast to be 300,000 ounces

* FY18 exploration budget increased from A$20 million (US$15 million) to A$38 million (US$29 million) Source text for Eikon: Further company coverage: RSG.AX

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