AMS:TOM2 News 11 January 2026

January 24, 2026, 6:29 PM EST. Resolute Mining (ASX:RSG) reported lower gold output and sales in 2025 versus 2024, with 2026 guidance pared to 250,000-275,000 ounces at a higher all-in sustaining cost (AISC) of US$2,000-US$2,200 per ounce. The miner is transitioning from a lean producer to a capital-intensive West African growth player, underlined by progress on the Doropo project, set for construction mid-2026 and first gold by early 2028. This pivot introduces increased execution risk and funding challenges amid higher costs. While recent share gains suggest markets anticipated some improvement, investors should note potential volatility as the company balances near-term cost pressures with growth ambitions. The reaffirmation of JORC-compliant reserves adds confidence but underlines the stakes in Resolute's heavier-capex plans.