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Resolute Mining Limited (ASX:RSG)

ALERT: Price-sensitive ASX Announcement for RSG
Current share price for RSG : $1.410 0.24 (20.51%)+
Announcement
Release
20 Aug 2026 8:29AM
Price at Release
$1.170
Full Release
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Summary
Resolute Mining Limited reported strong financial results for the first half of 2026, with significant operating cash flow and a net cash position of $317.4 million. The company increased its revenue by 31% to $584.7 million compared to the previous year, driven by higher gold prices, despite lower production. Key projects at Doropo and ABC in Côte d'Ivoire continue to progress with significant investment and secured financing. Notably, the Syama Sulphide Conversion Project reached important milestones, while Mako's production was steady but less than the previous year due to transitioning to stockpile processing. Exploration and resource development efforts, particularly in Senegal and Côte d'Ivoire, have shown promising results, with ongoing studies and environmental assessments.
Key Points
  • Net cash increased to $317.4 million.
  • Revenue grew 31% to $584.7 million.
  • EBITDA increased by 42% to $323.9 million.
  • Gold production totaled 104,795 ounces.
  • All-In Sustaining Cost (AISC) rose to $2,327/oz.
  • Doropo Project advanced to active construction.
  • Syama Sulphide Conversion Project made significant progress.
  • Mako's production was lower due to stockpile processing.
  • Côte d'Ivoire secured $155 million in local financing.
  • An expanded Mineral Resource was announced for the ABC Project.
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.