Resolute Mining Limited ( (RMGGF) ) has released its Q2 earnings. Here is a breakdown of the information Resolute Mining Limited presented to its investors.
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Resolute Mining Limited is an Australian-based company engaged in gold mining and exploration activities, primarily operating in Mali and Senegal, and is listed on both the Australian Securities Exchange and the London Stock Exchange.
In its latest half-year earnings report for 2025, Resolute Mining Limited reported a significant increase in revenue and profit, driven by higher gold prices and strategic acquisitions. The company achieved a revenue of $447.5 million, marking a 31% increase compared to the same period in 2024, and a net profit after tax of $71 million, a remarkable 113% rise from the previous year.
Key financial highlights include an 81% increase in EBITDA to $211.1 million and a 181% increase in net profit attributable to members. Despite a decrease in gold production to 151,460 ounces, the company benefited from a higher average realized gold price of $3,076 per ounce. Resolute also expanded its portfolio with the acquisition of the Doropo Gold Project and ABC Project in Côte d’Ivoire.
The company’s financial position remains strong, with net cash and bullion increasing to $109.9 million. However, the company did not declare an interim dividend for the period. Resolute’s strategic focus on cost management and expansion through acquisitions appears to be yielding positive results.
Looking ahead, Resolute Mining Limited’s management remains optimistic about future growth, supported by ongoing exploration activities and the integration of newly acquired assets, positioning the company well to capitalize on favorable market conditions.