Retraction of ABC Project Scoping Study Release
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| Stock | Resolute Mining Ltd (RSG.ASX) |
|---|---|
| Release Time | 14 May 2026, 7:17 p.m. |
| Price Sensitive | Yes |
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Resolute Mining Retracts ABC Project Scoping Study
Key Points
- Resolute Mining withdraws ASX announcement on ABC Project scoping study
- Announcement relied on 100% inferred resources, inconsistent with ASX Listing Rules
- Company working with ASX to resolve disclosure requirements
Full Summary
Resolute Mining Limited has advised the market that it is retracting the ASX Announcement titled 'Scoping Study Confirms Attractive Economics and Growth Potential at ABC Project, Côte d'Ivoire' that was released on 13 May 2026. The company has been advised by the ASX that the production targets and financial forecasts in the scoping study were based on 100% inferred resources, which does not provide a reasonable basis for the forward-looking statements due to the requirements of ASX Listing Rule 5.16.6. As a result, Resolute has requested a voluntary trading halt to work with the ASX on resolving the disclosure requirements. Investors are advised not to rely on the retracted announcement as a basis for any investment decision.
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