trending Market Intelligence /marketintelligence/en/news-insights/trending/DoGqQdPRLcUrjEAL_OQsWA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Resolute hedges additional 37,200 ounces amid market conditions, gold prices

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020


Resolute hedges additional 37,200 ounces amid market conditions, gold prices

Resolute Mining Ltd. forward sold an additional 37,200 ounces of gold at an average price of US$1,562 per ounce in scheduled monthly deliveries of 1,200 ounces between July and December.

The additional gold hedge was made by the Australia-listed miner to take advantage of the volatile gold market condition and the prevailing prices for the precious metal.

Further, the move secured price certainty for a part of its U.S. dollar revenues generated from its Syama and Mako gold mines in Mali and Senegal, respectively.

After the latest hedge, Resolute's forward gold sales now stands at 215,000 ounces, which represents less than 3% of the miner's ore reserves, in monthly deliveries through to June 2021.

Earlier this month, Resolute signed definitive agreements to sell its Ravenswood gold mine in Queensland, Australia, for up to A$300 million.