Half Year Financial Results Summary

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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
Key Points
  • 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
Full Summary

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.

Guidance

Group production guidance on track to be around the lower end of the 250 - 275 koz guidance range

Outlook

Resolute remains focused on increasing production through the second half as the Syama Sulphide Conversion Project is progressively commissioned and ramped up.