Resolute Mining Limited (AU:RSG) has released an update.
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Resolute Mining Limited reported a solid first half of 2024, with gold production slightly down but revenue up by 4% from the previous year to $341.5 million, and a notable increase in net cash to $96.6 million. Despite a 9% drop in gold sold, the company successfully reduced its All-In Sustaining Cost by 2% and maintained its full-year production and cost guidance. The firm remains on track with its Syama Sulphide Conversion Project, expected to enhance operational flexibility from mid-2025, and continues to explore opportunities to extend the life of the Mako operation.
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