Resolute Mining Limited (ASX:RSG)

Stuart Gale
MD & CEO
Market Cap (AUD): 574.02M
Sector: Materials
Last Trade (AUD): 0.56 +0 (+0%)
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1. About

Resolute Mining Limited (ASX:RSG) is a successful dividend paying gold miner with more than 30 years of experience as an explorer, developer, and operator of gold mines in Australia and Africa which have produced more than 8Moz of gold.

Resolute owns four gold mines. Its flagship asset is the world class Syama Gold Mine in Mali (Syama) which can produce more than 300,000 ounces of gold per annum from existing processing infrastructure. Resolute is currently commissioning the worlds first fully automated underground mine at Syama which will deliver a low cost, large scale operation with a mine life beyond 2032. 

The Mako Gold Mine in Senegal is a high quality, low cost asset with average annual production of ~140,000 ounces of gold. 

The Ravenswood Gold Mine in Australia and the Bibiani Gold Mine in Ghana are existing large scale assets which provide Resolute with significant production growth potential. 

Resolute has a pathway to annual gold production in excess of 500,000 ounces from a Global Mineral Resource base of more than 18 million ounces of gold.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk