Half Year Financial Results Summary
| Stock | Resolute Mining Ltd (RSG.ASX) |
|---|---|
| Release Time | 20 Aug 2026, 8:29 a.m. |
| Price Sensitive | Yes |
Resolute Mining Ltd: H1 2026 Financial Results
- Gold production of 104,795 oz, down from 151,460 oz in H1 2025
- Revenue increased by 31% to $584.7 million
- EBITDA rose by 42% to $323.9 million
- Net income after tax was $162.6 million, up from $71.0 million
- Secured $155.0 million in local bank financing for Doropo Project
Resolute Mining Ltd announced its half-year financial results for the period ending 30 June 2026. Gold production was 104,795 ounces, down from 151,460 ounces in the same period last year. The company reported revenue of $584.7 million, a 31% increase from the previous year, driven by higher gold prices and sales. EBITDA increased by 42% to $323.9 million, while net income after tax was $162.6 million, up from $71.0 million in H1 2025. The company's all-in sustaining cost (AISC) increased to $2,327 per ounce, primarily due to higher royalties and lower gold production. Resolute secured $155.0 million in local bank financing for its Doropo Project in Côte d'Ivoire, with an additional $105.0 million expected to be secured in Q3 2026. The company also received proceeds of $31.9 million from the sale of its stake in Loncor Gold and $53.9 million from the repayment of the Ravenswood Vendor Financing Promissory Note.
Group production guidance on track to be around the lower end of the 250 - 275 koz guidance range
Resolute remains focused on increasing production through the second half as the Syama Sulphide Conversion Project is progressively commissioned and ramped up.