Highlights

  • September-quarter group production totalled 44,398 ounces, compared with 45,192 ounces in the preceding quarter.
  • All-in sustaining costs reached US$2,506 per ounce, against US$2,484 per ounce in the June quarter.
  • The company reported Operating Cash Flow before capital expenditure, exploration and Working Capital of US$55.8M.
  • Group production guidance was revised to 205,000–225,000 ounces for 2026.

Resolute Mining Limited (ASX:RSG) is progressing its latest operating and corporate priorities following developments during 2026. Its shares closed at AUD 1.09 on 3 November 2026, a daily change of -0.91%, with Market Capitalisation of approximately AUD 2.33B. The session ranged from AUD 1.090 to AUD 1.150. The operating developments and financial figures below relate to the reporting periods identified, rather than establishing a cause for the share-price movement.

Syama Works Through Mining and Processing Interruptions

At Syama in Mali, slower-than-planned open-pit mining, intermittent underground explosives Supply and plant downtime affected output during the September quarter. Additional equipment mobilisation accelerated towards quarter-end, while commissioning continued on the Syama Sulphide Conversion Project. These are separate operational workstreams: equipment availability affects mining rates, whereas commissioning concerns the processing route. The company identified improvement in production through the final quarter as an operating priority. Mako continued to perform well during the same reporting period, providing a contrast to the challenges at Syama.

Doropo Construction Moves Across Several Workfronts

At the Doropo development in Côte d’Ivoire, earthworks advanced across major project areas, contractors continued to mobilise and concrete works commenced. The company also awarded significant equipment and infrastructure packages. Doropo had secured US$260M of local financing and the construction workforce exceeded 600 people. The reported progress covers both physical site preparation and the procurement required for later construction stages. Resolute described the project as progressing to plan and budget, while continuing to distinguish construction activity from the commencement of commercial gold production.

Exploration and Capital Allocation Remain Active

The ABC project recorded approximately 24,000 metres of infill drilling during the quarter. The drilling programme was expected to finish by year-end, alongside metallurgical, environmental and social studies intended to inform further resource, feasibility and permitting work. Quarterly Capital Expenditure reached US$85.3M, compared with US$63.5M previously, including US$52.9M at Doropo and US$18.6M at Syama. Exploration capital spending was US$10.5M. The allocation illustrates how current operating Assets and development projects both required Investment during the reporting period.

Production Recovery and Development Are the Next Tests

Resolute entered the final quarter with a revised annual production range of 205,000–225,000 ounces and All-In Sustaining Cost guidance of US$2,250–US$2,350 per ounce. These figures are company targets, not completed outcomes. Further progress depends on stabilising Syama operations, continuing conversion-project commissioning and maintaining Doropo construction momentum. ABC drilling and studies remain additional scheduled work. The September results therefore present several distinct milestones for subsequent reporting: mining rates, plant availability, construction execution and the completion of planned technical programmes.