Resolute Mining gold output falls amid rising costs

Resolute Mining (ASX:RSG) has reported a 9.6% decline in quarterly gold production, attributed largely to rising operational headwinds.

Group output fell to 59,603 ounces, down from the 65,918 ounces recorded in the final quarter of 2025, while all-in sustaining costs surged to $2,210 per ounce.

Despite the production drop, the Australian-headquartered miner saw revenue climb to $337.6 million and EBITDA reach $202.9 million, bolstered by strong market prices and the $31.9 million divestment of its stake in Loncor Gold.

CEO Chris Eger described the period as a "positive start" for the company’s development pipeline; however, management warned that full-year guidance remains sensitive to volatile fuel costs and fluctuating gold prices impacted by ongoing geopolitical tensions in the Middle East.

At the time of reporting, Resolute Mining’s share price was $1.48.