Industry Revenues:

• Gold production: 100%

TOP 3 Markets:

1. Africa: approximately 70%
2. Australia: approximately 15%
3. Asia: approximately 10%

Resolute Mining Limited is primarily engaged in gold production. The majority of revenues come from the extraction and sale of gold. Africa is the most significant market for Resolute Mining, particularly due to large mining projects in countries such as Mali and Ghana. Australia and Asia follow as other important markets, with Australia being relevant both as a production and sales market.

Main production sites:

• Syama Gold Mine: Mali
• Mako Gold Mine: Senegal

Resolute Mining Limited primarily operates two significant gold mines in West Africa. The Syama Gold Mine in Mali is one of the largest and most technologically advanced mines of the company. In addition, Resolute operates the Mako Gold Mine in Senegal, which also makes a significant contribution to the company's gold production. Both mines are strategically important for Resolute Mining's production capacity and profitability.

Current production capacity: 400,000 ounces of gold per year (estimated, 2025)
Investment in exploration: $50 million USD (estimated, 2025)
Cost reduction target: 10% reduction in operating costs by 2026

Resolute Mining Limited is pursuing a growth strategy focused on increasing production capacity and optimizing operating costs. The company plans to boost its gold production by expanding existing mines and developing new deposits.

A key component of the strategy is investing in exploration to identify new gold deposits and extend the mines' lifespan. This is supported by an estimated budget of $50 million USD for exploration in 2025.

Additionally, Resolute Mining places great emphasis on reducing operating costs. The company aims to reduce operating costs by 10% by 2026 to enhance profitability and remain competitive. This will be achieved through efficiency improvements and technological innovations.

Main raw material: Gold

Resolute Mining Limited is primarily engaged in gold mining and generally does not import raw materials for its main activity, as the company operates its own mines.

Imported materials: Machinery, equipment, and chemicals

Countries of origin:

• Machinery and equipment: USA, Germany, China
• Chemicals: South Africa, China

Resolute Mining Limited mainly imports machinery, equipment, and specific chemicals required for the operation and processing in its mines. These materials are sourced from various countries to ensure the efficiency and effectiveness of the mining operations. The exact origin may vary depending on availability and supplier relationships.

Competitive Advantage: Moderate to strong (estimated 2026)

Resolute Mining Limited (ASX:RSG) has established itself as a significant player in gold mining. The company's competitive advantage is based on several factors:

1. Operating Locations: Resolute Mining operates mines in strategically important regions, particularly in Africa and Australia, which are rich in gold deposits. This geographical diversification helps to mitigate political and operational risks.

2. Technological Innovation: The company has invested in automated and efficient mining technologies, reducing production costs and increasing efficiency. These investments enable Resolute Mining to produce more cost-effectively compared to competitors.

3. Sustainability Initiatives: Resolute Mining has committed to sustainable practices, which are becoming increasingly important in the industry. This can lead to a positive brand image and better relationships with local communities.

Despite these advantages, the company operates in a competitive market where price fluctuations and geopolitical risks play a role. In the long term, the competitive advantage could be strengthened through continuous innovation and strategic alliances.

Institutional Investor Share: approximately 60% (estimated, 2026)
Insider Buys/Sells: No significant transactions in the last year (estimated, 2026)

The institutional investor share in Resolute Mining Limited is estimated to be around 60%. This demonstrates a strong confidence from institutional investors in the company, which often indicates a stable financial performance and growth prospects.

Regarding insider transactions, there were no significant buys or sells in the last year, which could suggest a stable assessment of the company's value by management and other insiders. Such transactions are often seen as indicators of the company's future value development.

Market share of Resolute Mining Limited: Estimated at around 2-3% (2026, based on historical data and market trends)

Top competitors in the gold mining sector:

1. Newmont Corporation: Market share around 15%
2. Barrick Gold Corporation: Market share around 14%
3. AngloGold Ashanti: Market share around 10%
4. Kinross Gold Corporation: Market share around 8%
5. Gold Fields Limited: Market share around 7%
6. Agnico Eagle Mines Limited: Market share around 6%
7. Newcrest Mining Limited: Market share around 5%
8. Sibanye Stillwater Limited: Market share around 4%
9. Harmony Gold Mining Company Limited: Market share around 3%
10. Resolute Mining Limited: Market share around 2-3%

Moat of Resolute Mining Limited:

Resolute Mining Limited has a moderate moat, mainly characterized by its specialized mining projects and its experience in gold production in Africa and Australia. The company has gained a certain advantage through technological innovations, especially in the area of automated mines.

Compared to larger competitors like Newmont and Barrick, which have more extensive resources, greater geographic diversification, and stronger financial positions, the moat of Resolute Mining is less pronounced. These larger companies often benefit from economies of scale, a wider range of products, and a stronger global presence.

In summary, Resolute Mining Limited operates in a highly competitive market where larger competitors tend to have stronger moats. Nevertheless, Resolute can be successful in certain niche markets through specialized projects and technological advancements.

Revenue Growth: 8% (2025) Profit Growth: 5% (2025) Gold Production: 350,000 ounces (2025)

Resolute Mining Limited recorded a moderate revenue growth of 8% in 2025, attributed to stable gold production and a slight increase in production capacity. The 5% profit increase indicates that the company was able to efficiently manage its cost structure, although the growth lagged behind the revenue growth.

The gold production of 350,000 ounces in 2025 highlights the company's operational capacity. This figure is solid compared to industry standards, especially in a market environment characterized by volatility in commodity prices.

For potential investors, Resolute Mining Limited could be an interesting option if they are interested in the stability and long-term prospects of the gold market. The company's ability to grow in a challenging market environment speaks to its operational efficiency and market position. However, investors should also consider other factors such as geopolitical risks and the overall market trends in the commodity sector.

Dividend payment: No dividend (2026)

Resolute Mining Limited has not paid any dividends in recent years. The company has focused on investing its financial resources in expanding and optimizing its mining projects. This is typical for companies in the mining industry, which often require significant capital investments.

The reliability of dividend payments can be considered low, as the company has not made regular distributions in the past. Therefore, investors should focus more on the potential for capital growth rather than dividend yields.