Resolute submits positive feasibility study for Bibiani

ASX-listed gold miner Resolute Mining has lodged a positive feasibility study for its 90%-owned Bibiani gold project, in Ghana, with the Ghana government, which owns a 10% free-carried interest in the project. The study, which confirmed a viable development pathway for the project, contemplated production of up to 1.2-million tonnes a year from long-hole open-stope underground mining. Processing of the ore would occur at the existing Bibiani processing plant, with most of the $72-million of upfront capital allocated for the refurbishment of the plant.