The Resolute Mining Ltd (ASX: RSG) share price is in focus after the company reported operating cash flow of $77.4 million and a robust net cash position of $317.4 million for the June quarter. Group all-in sustaining costs averaged US$2,484 per ounce, and gold sales totalled 54,599 ounces at an average realised price of $4,526 per ounce.
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What did Resolute Mining report?
- Gold production: 45,192 ounces poured during Q2 2026
- Gold sales: 54,599 ounces sold at a realised price of $4,526/oz
- Group all-in sustaining cost (AISC): $2,484/oz
- Operating cash flow: $77.4 million
- EBITDA: $128.5 million
- Net cash: $317.4 million at 30 June 2026
What else do investors need to know?
Doropo Project construction is progressing on schedule, with $36.7 million in capital spend for the quarter and key site and infrastructure upgrades under way. Resolute secured $155 million in local bank financing for Doropo, with a further $105 million expected in Q3 2026.
The ABC Project, set to become the company's fourth mine, delivered an updated inferred mineral resource estimate of 133 million tonnes at 0.71 g/t for 3.02 million ounces of gold. Syama operations continued amidst challenging conditions, producing 29,881 ounces at an AISC of $2,654/oz.
What's next for Resolute Mining?
Resolute has reaffirmed 2026 production guidance of 250,000–275,000 ounces at an AISC of $2,000–$2,200/oz. Construction at Doropo is on track for first gold in the second half of 2028, while an ambitious drilling program at ABC is under way to progress feasibility work.
The company is targeting annual gold production above 500,000 ounces within four years by advancing flagship growth projects and optimising existing operations.
Resolute Mining share price snapshot
The Resolute Mining share price has outperformed the S&P/ASX 200 index (ASX: XJO) by some distance with a gain of almost 50% over the past 12 months. This compares to a 3.2% gain from the benchmark index.
