June 2026 Quarterly Activities Report

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Stock Resolute Mining Ltd (RSG.ASX)
Release Time 30 Jul 2026, 8:34 a.m.
Price Sensitive Yes
 Resolute Mining Ltd June 2026 Quarterly Activities Report
Key Points
  • Gold production of 45,192 ounces with lower production at Syama and higher costs
  • Q2 capital expenditure of $63.5 million with $36.7 million spent on Doropo
  • Net cash of $317.4 million, supported by operating cash flow and Ravenswood sale proceeds
  • Doropo construction on track and on budget with $155 million secured in financing
  • ABC Project expanded Mineral Resource Estimate of 3.0 Moz of contained gold
Full Summary

Resolute Mining Ltd's June 2026 Quarterly Activities Report highlights gold production of 45,192 ounces, down from 59,603 ounces in Q1 2026. The decrease is due to lower production at Syama and higher costs, resulting in All-In Sustaining Costs (AISC) of $2,484/oz compared to $2,210/oz in Q1 2026. Q2 capital expenditure was $63.5 million, with $36.7 million spent on Doropo. The company ended the quarter with net cash of $317.4 million, supported by operating cash flow and proceeds from the Ravenswood sale. Doropo construction is on track and on budget, with $155 million secured in local bank financing. The ABC Project expanded its Mineral Resource Estimate to 3.0 Moz of contained gold, reinforcing the project's potential to become the company's second mine in Côte d'Ivoire.

Guidance

Production guidance around 250 - 275 koz, AISC of $2,000 - 2,200/oz, capital expenditure guidance $310 - 360 million

Outlook

Resolute is focused on increasing production at Syama, advancing Doropo construction, and progressing the ABC Project through feasibility studies and drilling.