RESOLUTE Mining is to buy Toro Gold in a $274m cash and shares transaction adding 156,926 ounces of gold annually and signifying an important step in the firm’s strategy of becoming a sizeable gold ...

Resolute Mining’s rising share price has helped it finally snare Toro Gold, owner of the Mako mine in Senegal, for $440 million. Paul Garvey Managing director of Resolute Mining, John Welborn.