Resolute Mining reports Q3 2026 gold production and financial results
The company produced 44,398 ounces of gold at an AISC of $2,506/oz. Doropo construction remains on track, and Mako performance was strong.
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African-focused gold miner
rml.com.auLast updated
In short: Resolute Mining cut Syama guidance amid Mali challenges while advancing Doropo and ABC projects.
The company produced 44,398 ounces of gold at an AISC of $2,506/oz. Doropo construction remains on track, and Mako performance was strong.
Operational challenges in Mali reduce 2026 production forecasts, while Mako, Doropo and exploration activities remain on track.
The company targets 250,000 ounces of gold production this year while advancing Doropo construction and maintaining strong liquidity.
Revenue reached $584.7 million and net income was $162.6 million. The company also secured financing for the Doropo project and updated resource estimates at ABC.
Resolute Mining (LSE:RSG) cuts Syama gold guidance as Mali supply constraints and explosives shortages slow output, with fixes under way.
Resolute Mining lowered Syama and group guidance and lifted its cost outlook, citing a challenging operating environment in Mali.
Mining and supply constraints have hit the mine's output, bur Resolute targets a fourth-quarter recovery at the operation.
Resolute Mining's half-year profits more than doubled due to surging gold prices, despite production challenges. Analysts suggest the stock may still be undervalued, highlighting potential...
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