Resolute Mining Ltd
ASX:RSG
Resolute Mining Ltd
Resolute Mining Ltd. operates as a holding company, which engages in exploration, development, and operation of gold mines across Australia and Africa. The company is headquartered in Perth, Western Australia. The firm is engaged in exploring, developing, and operating of gold mines in Australia and Africa. The Company’s portfolio includes Syama Gold Mine and Mako Gold Mine. The Syama Gold Mine is located in the south of Mali, West Africa approximately 32 kilometers (km) from the Cote d’Ivoire border and approximately 300km southeast of the capital Bamako. The company comprises of the Syama Underground Mine and the Tabakoroni complex. The Mako Gold Mine is located in eastern Senegal, West Africa, which is an open pit mine.
Resolute Mining Ltd. operates as a holding company, which engages in exploration, development, and operation of gold mines across Australia and Africa. The company is headquartered in Perth, Western Australia. The firm is engaged in exploring, developing, and operating of gold mines in Australia and Africa. The Company’s portfolio includes Syama Gold Mine and Mako Gold Mine. The Syama Gold Mine is located in the south of Mali, West Africa approximately 32 kilometers (km) from the Cote d’Ivoire border and approximately 300km southeast of the capital Bamako. The company comprises of the Syama Underground Mine and the Tabakoroni complex. The Mako Gold Mine is located in eastern Senegal, West Africa, which is an open pit mine.
Production Beat: Resolute Mining produced 277,000 ounces of gold in 2025, in line with its guidance of 275,000–285,000 ounces.
Cost Management: All-in sustaining costs for 2025 were $1,843 per ounce, meeting revised guidance and dropping sharply in Q4.
Strong Cash Flow: Operating cash flow reached $86 million in Q4 and $314 million for the full year, boosting net cash to $209 million.
Doropo Progress: The Doropo project in Côte d'Ivoire advanced, with permitting and FID expected soon; construction is on track to begin in 2026.
2026 Guidance: Gold production is guided at 250,000–275,000 ounces, with higher all-in sustaining costs ($2,000–$2,200/oz) and increased CapEx ($310–$360 million) mainly for growth projects.
Supply Chain Stabilized: Prior explosive and fuel disruptions in Mali have been resolved, with an on-site explosives plant planned for 2026 to secure supply.
Exploration Investment: Around $25 million was spent on exploration in 2025, with a continued focus in 2026 on Côte d'Ivoire and new permits in Guinea.
