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Resolute brings more Africa gold options to London

Resolute brings more Africa gold options to London

Resolute Mining (RSG) – which listed depository receipts on the London main market this week – has a slogan inspired by a Chinese pig farmer’s simple explanation of his business – ‘kill pigs, sell meat’. But ‘Mine gold, create value’ might need a rewrite if chief executive John Welborn’s full vision of the company comes to fruition, although ‘pay dividends, bring institutions on board and change underground mining practices’ takes away the snappiness for someone who looks up to now-departed Randgold Resources as a gold-standard miner.

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