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Resolute Mining Limited (ASX:RSG)

ALERT: Price-sensitive ASX Announcement for RSG
Current share price for RSG : $0.955 -0.015 (-1.55%)+
Announcement
Release
30 Jul 2026 8:34AM
Price at Release
$0.970
Full Release
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Summary
Resolute Mining Limited's June 2026 Quarterly Presentation highlights significant operational and financial achievements. The company's operations have maintained strong performance, with Syama producing 29,881 ounces at an all-in sustaining cost (AISC) of $2,654 per ounce and Mako producing 15,311 ounces at an AISC of $1,538 per ounce. The company has also made substantial progress in projects like Doropo, which has moved from the final investment decision into active project execution. The financial results show a robust balance sheet with $426 million available liquidity, $317 million in net cash, and an operating cash flow of $77 million. The quarterly activities report indicates a clear growth trajectory towards exceeding 500,000 ounces of annual gold production by the end of 2028, supported by a strong organic growth pipeline and strategic expansions.
Key Points
  • Syama's quarterly production was 29,881oz at an AISC of $2,654/oz.
  • Mako's quarterly production was 15,311oz at an AISC of $1,538/oz.
  • Doropo project progressed from FID into active execution with $37m capex.
  • The company secured $155 million in local financing for Doropo with more expected.
  • Resolute has $426 million available in liquidity and $317 million in net cash.
  • Operating cash flow of $77 million was achieved in Q2 2026.
  • Progress towards 500,000 ounces of annual gold production by 2028.
  • Robust balance sheet supports organic growth and strategic expansion.
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.