Slide 1: Mine Gold. Create Value.
For personal use only Mine Gold. Create Value. Africa Down Under Corporate Presentation | 4 November 2020
Slide 2: Important Notices and Disclaimers
Important Notices and Disclaimers For personal use only This presentation contains information about Resolute Mining Limited (Resolute or the Company) and its activities that is current as at the date of this presentation unless otherwise stated. The information in this presentation remains subject
Slide 3: Resolute at a glance: assets, resources and market capitalisation
For personal use only Mako Senegal Syama Mali Bibiani Ghana Strategic Review Ongoing Production Mineral Resources Ore Reserves Market Capitalisation ~400koz 13.3Moz 4.7Moz A$889 per annum £487m | US$636m Note: Market capitalisation as at 3 November 2020. Mineral Resources and Ore Reserves are as at
Slide 4: Operational history in Africa
Operational history in Africa For personal use only Successful history of development and contribution to economy Golden Pride, Tanzania • 1996 – 2014 Obotan, Ghana • Exploration, production and • 1996 – 2003 closure • Exploration, development operation • 2.2moz of gold produced and closure • Total
Slide 5: COVID-19 Response
COVID-19 Response The health, safety and well-being of our people is our highest priority For personal use only • Comprehensive companywide response plan implemented • Keeping our mines running is important for all stakeholders • FY20 production and cost guidance maintained • Regional experience, se
Slide 6: Resolute in Mali
Resolute in Mali For personal use only • Country Office, Bamako • 24 employees - 96% Malian national • Syama Gold Mine • 724 direct employees - 89% nationals • 11% expatriate workforce • 1,910 contractors • Total national workforce 92% (including contractors) • Key nationals appointments: • Country
Slide 7: Malian development programs
Malian development programs For personal use only Established and effective development systems: • Malian Talent Development Programme focus on building frontline leadership capacity • 22 Supervisors started the 1-year programme • Plans being developed for all critical national employees • Exemption
Slide 8: Syama Gold Mine: Mali
Syama Gold Mine: Mali For personal use only Syama is a long life asset with both sulphide and oxide mines and dual processing circuits. The new, purpose built, sub-level cave mine brings together the best of advanced technologies and a local workforce to deliver efficiencies and community benefits.
Slide 9: Syama Gold Mine – delivering on potential
Syama Gold Mine – delivering on potential For personal use only Focus Areas • Achieve mining rate of 2.4Mtpa • Mill through-out of 2.4Mtpa • Consistently deliver sulphide recoveries +80% • Continuing high margin oxide operations • Define mine plan for Tabakoroni Underground 8
Slide 10: Syama Power Upgrade Project
Syama Power Upgrade Project For personal use only Construction of new solar hybrid modular power progresses • 30MW thermal power plant and 10MW battery • Reduce fuel usage and costs up to 40% • Environmentally friendly, reducing emissions by ~ 20% • Operational end of 2020 Photo: Syama Solar Hybrid
Slide 11: Tabakoroni Underground Potential
Tabakoroni Underground Potential: + Mali For personal use only • Resource estimate to 7.4Mt @ 4.4g/t for 1.04Moz • Exploration continues • Key PFS outputs: Production of ~80,000ozpa; AISC of US$974/oz over current 4 year mine life start-up capital requirement of US$86m • Tabakoroni Underground
Slide 12: Resolute in Senegal
Resolute in Senegal For personal use only • Country Office, Dakar • 4 national employees • Mako Gold Mine • 307 direct employees at Mako – 86% national • 890 contractors • Total national workforce 90% (including contractors) • Extensive ecological monitoring undertaken with positive impacts identifi
Slide 13: Mako Conservation Program
Mako Conservation Program For personal use only A key element of Resolute’s Biodiversity Strategy in Senegal The Niokolo Koba National Park (PNNK) is a UNESCO World Heritage listed site Program aims to intensify protection within a wildlife hotspot of 1,700 km2 (approx. 20% of the PNNK) in partnersh
Slide 14: Mako Gold Mine: Senegal
Mako Gold Mine: Senegal For personal use only Mako is a high margin open pit gold mine with outstanding throughput and recoveries generating strong free cashflow. Mineral Resources Ore Reserves 1.1Moz 740koz 13
Slide 15: Mako Outlook
Mako Outlook For personal use only Material improvement to gold production and mine life Mako LOM update Annual Production and AISC Annual Production (t) AISC US$ 180,000 1,800 • Annual production ~140,000oz at an AISC 160,000 1,600 of US$900/oz 140,000 1,400 • Maintain high productivity, low cost,
Slide 16: Resolute in Ghana
Resolute in Ghana For personal use only • Township of Bibiani • 45 direct employees • 371 contractors • 98% National employees • Support of the local community: • hospital • football team • training and education – local schools • health • livelihood development 15
Slide 17: Exploration activity
Exploration activity Identification of future growth potential For personal use only Mali Senegal Guinea Côte d’Ivoire Ghana 16
Slide 18: Strategic Investments in Africa
Strategic Investments in Africa For personal use only Objective 16% stake Establish a portfolio of investments in emerging gold explorers to provide potential for medium term growth opportunities 9% stake 26% stake Focus Equity investments in African focused explorers in highly 1.7% stake prospectiv
Slide 19: Value through Sustainability
Value through Sustainability Committed to the World Gold Council Responsible Gold Mining Principles For personal use only Our Approach: Operate responsibly and with respect for mutual benefit and competitive advantage Biodiversity & Water, Waste & Our People & Economic Governance Rehabilitation Clim
Slide 20: African focussed gold miner
African focussed gold miner For personal use only • Mining industry is generator of national wealth • Work respectfully with the governments and local communities and stakeholders to achieve win-win potential • Developing national talent for a sustainable future • Recognise that we need to pay our f
Slide 21: Follow Us
For personal use only Follow Us WEB | www.rml.com.au