Earnings release
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ASX Announcement 21 September 2026 R Resolute Syama Operational Update Resolute Mining Limited ( Resolute , the Company or the Group ) ( ASX / LSE : RSG ) , the West Africa- focused gold miner , provides a further operational update for its Syama Gold Mine ( Syama ) in Mali . Since the Company's Q2 2026 Activities Report , production at Syama has remained below plan due to the challenging operating environment in Mali , which continues to impact performance across underground mining , open pit mining and sulphide processing . These issues have continued to reduce ore availability , delay access to higher - grade ore sources and impact plant throughput and recovery . As a result , the Company has revised Syama gold production for 2026 to 150-160 koz and AISC to $ 2,300 - 2,400 / oz . While operational disruptions have occurred in Mali , the operational activities across the rest of the business remain on track with production at Mako tracking to guidance , construction at Doropo firmly on track and on budget and an extensive drilling programme at our ABC project in Cote D'Ivoire . For the Group , gold production is now expected to be 205 - 225 koz at an AISC of $ 2,250 - 2,350 / oz . Syama Performance Since the end of Q2 , Syama has continued to face operational challenges across mining and processing . As previously announced , H1 2026 gold production was 74 koz , with Q2 production of 30 koz , reflecting lower underground tonnage and grades due to explosive supply chain issues , and slower mobilisation of equipment required to access higher - grade ore from the A21 open pit . These issues reduced ore availability , increased reliance on lower - grade stockpiles and result in lower gold production and therefore higher unit costs , with Q2 AISC at $ 2,654 / oz . Despite a series of initiatives aimed at alleviating the situation . Operational constraints have continued into Q3 , with a number of challenges linked to the operating environment in Mali , including delays in the movement of critical supplies , consumables and mining equipment . These factors contributed to ongoing disruptions in underground development and slower progress in increasing open pit ore production . Underground mining has been constrained by intermittent explosive supply during the wet season , with low emulsion availability and ANFO used as a substitute where possible , with wet conditions delaying development and production from new draw points . Note : Unless otherwise stated , all dollar figures are United States dollars ( $ ) . AISC guidance is based on $ 4,000 / oz gold price . ASX / LSE : RSG Irml.com.au 1