Resolute Mining (ASX: RSG) — Company Overview, News & Financial Data
Resolute Mining is an Australian gold mining company with operations in Africa, producing approximately 700,000 ounces yearly.
Resolute Mining
Resolute Mining is an African-focused gold miner, explorer, and operator with over 30 years of experience across West Africa. The company owns and operates two primary producing gold assets: the Syama Gold Mine located in Mali and the Mako Gold Mine in Senegal. In addition to active production, Resolute Mining is advancing growth through the development and construction of the Doropo Gold Project in Côte d'Ivoire, along with the ABC Project and La Debo exploration site. It also holds greenfield exploration assets in Guinea and Senegal, having produced more than 9 million ounces of gold throughout its history.
Snapshot
Operations
Products and/or services of Resolute Mining
- Gold Mining - Syama Asset: Primary producing underground and open-pit mining operation situated in southern Mali, featuring oxide and sulphide ore processing circuits delivering gold bullion output for international refining markets.
- Gold Mining - Mako Asset: Producing open-pit gold mining operation located in eastern Senegal, incorporating open-pit ore extraction and carbon-in-leach processing infrastructure to deliver consistent gold bullion output for commercial markets.
- Gold Mine Construction - Doropo Project: Advanced gold development asset in northeastern Côte d'Ivoire, featuring planned open-pit mining operations, gold extraction infrastructure, and processing facilities to expand regional bullion production capacity.
- Gold Project Development - ABC Asset: Regional mineral development asset in Côte d'Ivoire focused on resource evaluation, technical feasibility studies, and deposit delineation to support future commercial gold extraction infrastructure.
- Gold Exploration - La Debo Asset: Regional gold exploration project in Côte d'Ivoire incorporating systematic geological mapping, continuous core drilling, and reserve estimation to evaluate satellite ore bodies and structural mineralization trends.
- Greenfield Mineral Exploration: Regional exploration programmes across prospective mineral belts in Guinea and Senegal, utilizing geochemical sampling, geophysical surveying, and exploratory drilling to discover new commercial gold deposits.
Resolute Mining executive team
- Christopher EgerMD, CEO & Director
- Dave JacksonChief Financial Officer
- Gavin HarrisChief Operating Officer
- Bianca DepresGeneral Counsel
- Matthias O'Toole-HowesCorporate Development & Investor Relations Manager
- Bruce MowatExecutive General Manager of Exploration
- Sam Michael WrightJoint Company Secretary
- Thomas MayJoint Company Secretary
Latest news about Resolute Mining
Resolute Mining posts 44,398 ounces in gold output
AustraliaResolute Mining cuts gold forecast to 205,000 ounces
AustraliaResolute Mining posts US$162.6M H1 net income
AustraliaResolute Mining reports Q2 gold output of 45,192 ounces
AustraliaMali Security issues disrupt Resolute Mining production
AustraliaResolute Mining gold output falls amid rising costs
Australia
Recent announcements
What Resolute Mining (RSG) has told the market, newest first.
- Becoming a substantial holder
- Ceasing to be a substantial holder
- Becoming a substantial holder
- Ceasing to be a substantial holder
- Becoming a substantial holder
- Appendix 3Y - Gina Jardine
Dividend history
Dividends per share paid by Resolute Mining, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2018 | A$0.0179 | — | — | A$0.0179 |
| FY2017 | A$0.0179 | — | — | A$0.0179 |
| FY2016 | A$0.0152 | — | — | A$0.0152 |
| FY2012 | A$0.0448 | — | — | A$0.0448 |
| FY1998 | A$0.0200 | A$0.0100 | — | A$0.0300 |
Key financials
Reported results for Resolute Mining, in USD.
- Market cap
- 2.3B
- Revenue (TTM)
- 1B
- P/E ratio
- 7.8
- EPS (diluted, TTM)
- 0.1
- Dividend yield
- —
- Profit margin
- 19.8%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 895.8M | 230.4M | 114.2M | |
| 801M | 32.4M | -28.3M | |
| 631.1M | 74.2M | 65.6M | |
| 651.1M | 48.8M | -34.1M |