RSG Price sensitive 22 Jan 2026, 8:27 AM

December 2025 Quarterly Presentation

Resolute Mining Ltd

Resolute Mining Delivers Strong Q4 and FY 2025 Results

Key points

  • Achieved 277,236 oz gold production in FY 2025
  • Completed acquisition of Doropo and ABC Projects in Côte d'Ivoire
  • Advanced key growth projects - SSCP in Mali and MLEP in Senegal

Full summary

Resolute Mining Ltd reported a positive end to 2025 with strong operating performance across its Syama and Mako mines. In Q4 2025, the company poured 65,918 oz of gold at an AISC of $1,877/oz. For the full year, Resolute achieved 277,236 oz of gold production at an AISC of $1,843/oz, delivering on its production and cost guidance despite supply chain challenges in Mali. The company strengthened government relations across its jurisdictions, augmented its executive and project teams, and completed the acquisition of the Doropo and ABC Projects in Côte d'Ivoire. Resolute also advanced key growth projects, including the Syama Sulphide Conversion Project in Mali and the Massawa Lafili Expansion Project in Senegal, and refocused on exploration across West Africa. The company generated net cash of $140 million during the year, ending 2025 with $322 million in available liquidity.

Guidance

Resolute's production guidance for 2026 is 250,000-275,000 oz at an All-in Sustaining Cost (AISC) of $2,000-2,200/oz. The company plans $310-360 million in capital expenditure, including $110-125 million for Syama (including the SSCP), $15-20 million for Mako (including the MLEP), and $170-190 million for the Doropo project.

Outlook

Resolute is targeting growth to over 500,000 oz of annual gold production by the end of 2028, driven by the development of the Doropo project in Côte d'Ivoire and further optimization of its Mali operations. The company also sees potential for further growth from its existing exploration portfolio, including the ABC Project and Le Debo in Côte d'Ivoire.

Summary generated by a large language model. Please interpret with care.

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