March 2026 Quarterly Activities Report
| Stock | Resolute Mining Ltd (RSG.ASX) |
|---|---|
| Release Time | 23 Apr 2026, 8:50 a.m. |
| Price Sensitive | Yes |
Resolute Mining Ltd reports Q1 2026 results
- Total Recordable Injury Frequency Rate (TRIFR) of 0.43 with only one recordable injury
- Group gold production of 59,603 ounces in line with expectations
- All-In Sustaining Costs (AISC) of $2,210/oz in line with guidance
Resolute Mining Ltd reported its Q1 2026 results, with key highlights including a Total Recordable Injury Frequency Rate (TRIFR) of 0.43, group gold production of 59,603 ounces, and All-In Sustaining Costs (AISC) of $2,210/oz, all in line with expectations. The company generated $119.8 million in operating cash flow and ended the quarter with net cash of $315.4 million. Key milestones were achieved at the Doropo Project in Côte d'Ivoire, including the receipt of the mining permit and formal approval of the Final Investment Decision (FID). The company also signed a strategic Memorandum of Understanding (MoU) with Nimba Mining Company to evaluate potential co-development of gold projects in Guinea. Resolute's Ore Reserves and Mineral Resources increased significantly, with Total Mineral Resources up 60% to 17.6 Moz Au and Total Ore Reserves up 55% to 6.8 Moz Au. The company remains on track to meet its full-year production guidance of 250 - 275 koz at an AISC of $2,000 - 2,200/oz, although this is subject to potential impacts from rising fuel costs.
Resolute remains on track to meet its full-year production guidance of 250 - 275 koz at an AISC of $2,000 - 2,200/oz, although this is subject to potential impacts from rising fuel costs.
Resolute is closely monitoring the ongoing situation in the Middle East and the potential for increased AISC due to rising fuel prices, which could impact operational costs in the coming quarters. The company is proactively managing these risks and, where possible, minimizing any impacts.