Resolute Mining focuses exclusively on gold operations in West Africa, running two key assets: the Mako mine in Senegal and the Syama mine in Mali. Together, these mines produced 340,000 ounces in 2024, though output is expected to fall this year.
The company reported gold production of 151,460 ounces across its West African mines in H1 2025. The figure appeared in its operational update published Tuesday, July 29, and signals a near 9% decline from the 167,140 ounces posted in the first half of 2024.
According to the report, combined quarterly output stayed fairly consistent with 75,497 ounces in Q1 and 75,962 ounces in Q2. Resolute cited weaker ore production at Syama in the second quarter, but Mako achieved stronger results due to "higher than expected ore grades."
Following the end of open-pit mining at Mako in June, production is likely to decline for the rest of 2025. Resolute therefore forecasts annual output of 275,000 to 300,000 ounces, compared to 340,000 ounces produced in 2024.
The company owns 90% of the Mako mine, with the Senegalese government owning 10%. At Syama, Resolute holds an 80% ownership interest, with the Malian government controlling the remaining 20%.
Aurel Sèdjro Houenou
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Circular migration is based on structured, value-added mobility between countries of origin and host...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
Gold production rose 10% year on year, reaching 1.21 mln ounces in 2025. Lafigué delivered its first full year of output, offsetting declines at other...
Galiano Gold will invest at least C$17mln in gold exploration in Ghana in 2026. The budget is up 70% year on year and targets reserve growth at the...
Niger junta accuses France, Benin, Côte d’Ivoire of backing attack Gunfire reported near Niamey airport amid ECOWAS tensions Border closure with Benin...
African Union, U.S. launch infrastructure and investment working group Initiative targets trade, logistics, digital projects under Agenda 2063 Group...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...