Resolute Mining Ltd - Syama Operational Update
5 June 2026
Syama Operational Update
Resolute Mining Limited (Resolute, the Company or the Group) (ASX/LSE: RSG), the
Production during the second quarter of 2026 has been impacted by logistical and supply chain disruptions that have developed over the past four weeks due to the significant security challenges experienced in
The majority of operational challenges are a result of delays in delivery of key equipment to mine the higher-grade sulphide ore zones within the A21 open pit. This is due to road insecurity in parts of
In the underground operations, grades have been lower than expected due to intermittent blasting performance and temporary disruption in supply of explosives following the recent in-country security situation. As a result, the sulphide mill feed had an increased reliance on lower-grade stockpiles.
The planned three-week shutdown of the sulphide plant and roaster which was scheduled for maintenance in
Mitigation Actions
Syama remains an important asset within the Company's portfolio, with ongoing initiatives focused on stabilising operations, improving performance and unlocking long-term value through the Syama Sulphide Conversion Project (SSCP).
The Company continues to work closely with the key open pit contractors to ensure delivery of equipment by the end of the planned maintenance shutdown. In addition, the Company is increasing underground development capacity and securing additional operators to improve ore availability. In addition, the Company is accelerating open pit mining activities to access higher-grade fresh ore.
The extended maintenance shutdown is expected to increase the availability of the sulphide processing plant. Moreover, processing optimisation initiatives are underway to improve overall plant throughput throughout the remainder of the year.
Syama Production Outlook
Resolute expects Syama's Q2 2026 gold production to be around 30 koz versus original expectation of 40 - 45 koz. Given the expected improvements over the second half of the year, production at Syama is expected to be around the lower end of the guidance range of 195 - 210 koz in 2026.
The Company will provide a detailed operational update with its
Despite the production impacts, the Company continues to generate strong operating cash flows, supported by the positive gold price environment and disciplined cost management.
Other Operations and Growth Projects
At the Mako operation in
Construction of the Doropo Gold Project in Côte d'Ivoire remains on schedule, with development activities progressing in line with plan.
Exploration and study work across the portfolio, including the SSCP, continues to advance as planned, supporting the Company's medium and long-term growth objectives.
"Recent performance at Syama has been below expectations despite the significant changes implemented in
Importantly, the broader business continues to perform well. The Company remains cash generative, supporting ongoing investment in growth, including the Doropo development, which continues to progress to plan."
Contact
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Resolute Corporate Development and Investor Relations Manager Matthias.otoolehowes@resolutemining.com +44 203 3017 620
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Public Relations +44 207 920 3150
Corporate Brokers +44 20 3753 3040
+44 20 7236 1010 |
Authorised for release by
About Resolute
Resolute is an African-focused gold miner with more than 30 years of experience as an explorer, developer and operator. Throughout its history the Company has produced more than 9 million ounces of gold from ten gold mines. The Company is now entering a growth phase through the development of the Doropo project in Côte d'Ivoire which will supplement the existing production from the Syama mine in
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