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Resolute Mining Delivers Strong 2024 but Faces Rising Costs and Mali Settlement
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Resolute Mining Delivers Strong 2024 but Faces Rising Costs and Mali Settlement
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
2024 gold production of 340koz slightly below guidance, driven by strong Syama output
All-In Sustaining Costs (AISC) rose to $1,476/oz due to Mali Mining Code changes and lower Mako grades
$160 million settlement paid to Malian government under new Mining Code protocol
2025 production guidance lowered to 275-300koz with higher AISC of $1,650-$1,750/oz
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