Resolute Mining Reports Q2 2025 Activities
Key points
- Group gold production of 75,962 ounces, similar to Q1
- All-In Sustaining Costs (AISC) of $1,668/oz in line with guidance
- Acquisition of Doropo Gold Project and ABC Project in Côte d'Ivoire completed
Full summary
Resolute Mining Limited (ASX/LSE: RSG) has reported its Quarterly Activities Report for the period ended 30 June 2025. The company's group gold production was 75,962 ounces, similar to the previous quarter, with strong performance at the Mako mine in Senegal offsetting lower production at the Syama mine in Mali. All-In Sustaining Costs (AISC) were $1,668/oz, in line with the company's guidance. Resolute also reported the appointment of Gavin Harris as Chief Operating Officer and Rob Cicchini as Project Director of the Doropo Project. During the quarter, Resolute completed the acquisition of the development-stage Doropo Gold Project and exploration-stage ABC Project in Côte d'Ivoire from AngloGold Ashanti. The company also reported progress in Senegal to extend the Mako mine, with exploration success at the adjacent Tomboronkoto and Bantaco projects. Resolute remains on track for its full-year production guidance of 275-300 koz at a Group AISC of $1,650 - 1,750/oz.
Guidance
Resolute remains on track for production guidance of 275-300 koz at a Group AISC of $1,650 - 1,750/oz for the full financial year.
Outlook
Resolute is targeting to update the JORC Reserve of Doropo in H2 2025 to reflect additional gold ounces, and the company is also working on optimizing the original Definitive Feasibility Study for the Doropo project, with an updated DFS expected to be released in Q4 2025.
Summary generated by a large language model. Please interpret with care.