March 2025 Quarterly Activities Report

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Stock Resolute Mining Ltd (RSG.ASX)
Release Time 24 Apr 2025, 8:33 a.m.
Price Sensitive Yes
 Resolute Mining Ltd Reports Q1 2025 Activities
Key Points
  • Total Recordable Injury Frequency Rate (TRIFR) decreased to 1.86
  • Group gold production of 75,497 ounces with Mako and Syama Oxide operations performing strongly
  • All-In Sustaining Costs (AISC) of $1,708/oz in line with group guidance
Full Summary

Resolute Mining Limited (ASX/LSE: RSG) has reported its Quarterly Activities Report for the period ended 31 March 2025. Key highlights include a decrease in the Total Recordable Injury Frequency Rate (TRIFR) to 1.86, group gold production of 75,497 ounces with Mako and the Syama Oxide operations performing strongly, and All-In Sustaining Costs (AISC) of $1,708/oz in line with group guidance despite slightly lower gold production at the Syama sulphide operation. The company generated $75.4 million in operating cash flow and ended the quarter with net cash of $100.3 million. Resolute continues to focus on exploration activities in Senegal, Mali, and Côte d'Ivoire, with promising drill results from the Bantaco prospect in Senegal. The company's balance sheet remains robust, and it is on track to deliver results within its guidance for the full year.

Guidance

Group production guidance of 275-300 koz at a Group AISC of $1,650 - 1,750/oz. Capital expenditure guidance of $109 - 126 million.

Outlook

Resolute remains focused on generating cash and is on track to deliver results within guidance. The company is constantly reviewing opportunities to create shareholder value and is committed to geographical diversification and further operating mines in new jurisdictions.