Slide 1: 2018 Half Year Financial Results
For personal use only 2018 Half Year Financial Results 22 February 2018
Slide 2: The current investment phase is creating long life, low cost mines
For personal use only The current investment phase is creating long life, low cost mines with exceptional growth prospects 2
Slide 3: Mine Gold
Mine Gold. For personal use only H1 FY18 142,748oz A$1,395/oz Total Gold Production (US$1,092/oz) All-In Sustaining Cost (AISC) 121,480oz A$1,678/oz Total Gold Sold (US$1,312/oz) Average Price Received 3
Slide 4: Create Value
Create Value. For personal use only H1 FY18 A$203M Revenue from gold and silver sales A$30M Gross profit from operations A$38M Net Profit after tax $A196M Cash, Bullion & Listed Investments 4
Slide 5: Half Year Performance
Half Year Performance 250 For personal use only 200 150 100 90 100 80 50 70 0 60 H1 15 H2 15 H1 16 H2 16 H1 17 H2 17 H1 18 50 40 Gold produced (oz) 30 250,000 20 200,000 10 0 150,000 H1 15 H2 15 H1 16 H2 16 H1 17 H2 17 H1 18 100,000 Investing Cashflows 50,000 300 0 H1 15 H2 15 H1 16 H2 16 H1 17 H2 1
Slide 6: Long life, large scale assets
Long life, large scale assets Three assets across West Africa and Australia For personal use only Syama Gold Ravenswood Bibiani Gold Mine Gold Mine Mine Mali, West Africa Queensland, Australia Ghana, West Africa Resolute has a successful A successful operating history Resolute acquired the Bibiani G
Slide 7: Mine Gold. Create Value.
For personal use only Mine Gold. Create Value. 7
Slide 8: Syama Gold Mine HY18 Results
Syama Gold Mine HY18 Results For personal use only Total Ore Mined Ore Milled Head Grade Recovery AISC Production (t) (t) (g/t) (%) A$/oz (Gold oz) Sulphide Operations 307,915 918,050 2.09 73.9 51,907 1,541 Oxide Operations 947,770 699,935 2.13 81.6 47,626 1,164 Syama Total 1,255,685 1,617,985 2.11
Slide 9: Syama Gold Mine HY18 Highlights
Syama Gold Mine HY18 Highlights For personal use only • Syama UG development is on schedule and on budget for completion of the sublevel cave in December 2018. • Total Underground Mineral Resources at the Syama Underground mine increased by 39% to 5.7Moz. • Pre-production development ore expected to
Slide 10: Ravenswood Gold Mine HY18 Results & Highlights
Ravenswood Gold Mine HY18 Results & Highlights For personal use only Total Ore Mined Ore Milled Head Grade Recovery AISC Production (t) (t) (g/t) (%) A$/oz (Gold oz) Ravenswood Total 865,811 1,228,756 1.11 94.1 43,215 1,373 • An optimised feasibility study into the Ravenswood Expansion Project is ex
Slide 11: Bibiani Gold Mine HY18 Highlights
Bibiani Gold Mine HY18 Highlights For personal use only • Drilling undertaken at Bibiani over the first half of FY18 resulted in a 40% increase in resources to 2.5Moz. • An updated feasibility study will be completed in the March 2018 quarter 11
Slide 12: Exploration for growth
Exploration for growth Exploring to expand the business, not stay in business For personal use only A$M Exploration Expenditure $40 Egypt $35 Mali Burkina Faso $30 Democratic Republic $25 of the Congo Côte d’Ivoire $20 $15 Tanzania Ghana $10 $5 $0 FY15 FY16 FY17 FY18 12
Slide 13: Resolute's value proposition
Resolute’s value proposition: For personal use only 1.Long life mines 2.Operational expertise 3.Extensive exploration tenure in proven African belts 13
Slide 14: Invest in Resolute
Invest in Resolute Transformation enables bold ambition For personal use only Resolute has mined more than 8 million ounces from 9 gold mines in Australia and Africa Operating expertise, build experience, and success in development Large and growing resource base Focus on technical excellence and in
Slide 15: Mine Gold. Create Value.
Mine Gold. Create Value. For personal use only Scale Longevity Value 12yrs@ Syama P/NAV 5.3 Moz Reserves 13yrs @ Ravenswood ~ 0.6 x Balance sheet Track Record Growth Nafolo ~A$200M 28yrs 8Moz Cash, Bullion & Listed Investments producing & counting Bibiani Tabakaroni 15
Slide 16: Corporate Summary
Corporate Summary (ASX:RSG) For personal use only Shares on issue 741,477,595 Share Price 1.2 Share Price A$1.09 as at 21 Feb 2018 1.15 Market Capitalisation A$805M (US$632M) $AUD 1.1 Average daily volume ~A$5M 1.05 Cash, bullion, listed investments A$196M (US$158M) at 31 Dec 2018 1 Debt A$35M (US$2
Slide 17: Important Notices and Disclaimers
Important Notices and Disclaimers For personal use only Not an offer of securities This presentation contains a summary of 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 informati
Slide 18: Important Notices and Disclaimers - Competent Person Statement
Important Notices and Disclaimers For personal use only Competent Person Statement The information in this presentation that relates to the Exploration Results, Mineral Resources and Ore Reserves is based on information compiled by Mr Andrew Goode who is a member of the Australasian Institute of Min
Slide 19: For personal use only
For personal use only ASX:RSG | www.rml.com.au