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Resolute Mining Limited (ASX:RSG)

ALERT: Price-sensitive ASX Announcement for RSG
Current share price for RSG : $0.915 -0.28 (-23.43%)+
Announcement
Release
5 Jun 2026 8:24AM
Price at Release
$1.195
Full Release
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Summary
Resolute Mining Limited has issued an operational update for its Syama Gold Mine, highlighting the impact of logistical and supply chain disruptions due to security challenges in Mali. This resulted in lower than planned production for Q2 2026, with expected output of around 30 koz compared to the original forecast of 40-45 koz. Despite these challenges, the company anticipates meeting the lower end of its full-year production guidance of 195-210 koz. Key measures to stabilize operations include deferring the sulphide plant maintenance shutdown and enhancing mining activities to access higher-grade ore. The company maintains strong cash flows supported by favorable gold prices and continues to advance other projects such as the Mako operation in Senegal and the Doropo Gold Project in Côte d’Ivoire.
Key Points
  • Logistical and supply chain disruptions affected production at Syama Gold Mine in Mali.
  • Production lower than planned due to security challenges and equipment delivery delays.
  • Sulphide plant maintenance shutdown deferred to mid-June 2026.
  • Initiatives to stabilize operations and improve performance are underway.
  • Syama Sulphide Conversion Project (SSCP) is ongoing for long-term value.
  • Q2 2026 gold production expected to be around 30 koz.
  • Full-year production guidance range is 195 - 210 koz.
  • Company continues to generate strong operating cash flows.
  • Mako operation in Senegal on track with full-year guidance.
  • Doropo Gold Project in Côte d’Ivoire progressing as planned.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.