Resolute Mining Maintains Outlook Despite Dip in Production and Sales

April 24, 2025 10:44 AM AEST | By Team Kalkine Media

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Resolute Mining Maintains Outlook Despite Dip in Production and Sales — Image source: shutterstock

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Highlights

Quarterly gold production and sales volumes decline

Syama sulphide project progresses on budget

Full-year production guidance remains unchanged

Resolute Mining (ASX:RSG) has released its latest quarterly production figures, revealing a decline in both gold output and sales. Despite the short-term drop, the company has reaffirmed its full-year guidance and expressed confidence in its ongoing development initiatives.

During the three months ending in March, the company produced 75,497 ounces of gold, a decrease from 87,687 ounces in the previous quarter. This decline in production was attributed to operational factors aligned with expectations and seasonal variations. Concurrently, gold sales also fell significantly—dropping over 25% to 64,322 ounces. The average realized gold price during the quarter stood at AUD 2,840 per ounce.

While these numbers reflect a softer quarter, Resolute Mining (ASX:RSG) emphasized that the results remain within the parameters of its previously communicated guidance. The company continues to advance toward its full-year production targets and maintains a stable outlook.

One of the major projects underpinning Resolute's future strategy is the Syama sulphide conversion initiative, which is aimed at enhancing long-term production capabilities. Chief Executive Chris Eger noted that this project is progressing steadily and remains on schedule for a mid-2026 commencement. Importantly, the development is also reported to be within budget, signaling disciplined project management and strategic foresight.

The Syama operation, located in Mali, has been a cornerstone of the company’s portfolio. The upcoming conversion to sulphide ore processing is expected to deliver improved efficiency and output in the long term, making the mid-2026 milestone a key focus for stakeholders.

Resolute Mining (ASX:RSG) appears to be positioning itself for future resilience, balancing the challenges of short-term output fluctuations with the promise of strategic development. The emphasis on maintaining guidance despite a temporary dip in sales and production underscores a commitment to operational discipline and long-term value creation.

As the gold market continues to evolve, the company’s ongoing investment in key projects and adherence to its projected roadmap may serve as pivotal factors in its performance trajectory over the coming years.

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