Slide 1: 2021 Annual General Meeting
For personal use only 2021 Annual General Meeting 27 May 2021 Mine Gold. Create Value.
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: 2020 in review
2020 in review For personal use only 58% improvement in TRIFR to 0.87 COVID-19 response plan in place enabling business continuity Syama underground production of 2.1Mt Maintained production during COVID, achieving nameplate 2.4Mtpa in Q4 political disruption and labour disputes Mako Life of Mine up
Slide 4: Multi asset production base
Multi asset production base For personal use only Full year contributions from Syama Sulphide and Mako 384,732 oz 395,136 oz at an AISC of $1,074/oz at an AISC of $1,090/oz 87,188 oz 270,636 oz 169,731 oz at an AISC $1,004/oz 54,486 oz 82,650 oz 11,046 oz 62,524 oz 89,744 oz 123,500 oz 180,534 oz 98
Slide 5: Financial performance
Financial performance For personal use only $618m $247m Revenue +15% EBITDA +169% $199m $37m Operating cash flow Underlying net profit after tax $230m $5m Net debt Net profit after tax 4
Slide 6: Cash Flow Analysis (US$ millions)
Cash Flow Analysis (US$ millions) For personal use only Improved operating cash flows and simplified balance sheet Refinancing activities 5
Slide 7: Portfolio consolidation
Portfolio consolidation For personal use only Ravenswood divestment complete with Bibiani strategic review continuing Ravenswood Gold Mine, Australia Bibiani Gold Mine, Ghana Sale completed 31 March 2020 with up to A$300m proceeds Licence restored with all conditions satisfied A$50m in cash received
Slide 8: Value through sustainability
Value through sustainability For personal use only Inaugural sustainability report published in 2020 7
Slide 9: 2021 outlook
2021 outlook For personal use only Consistent operational delivery and enhancing balance sheet strength 8
Slide 10: Key Business Updates
Key Business Updates For personal use only • Focus on people, systems and processes driving improved operational performance Operations • Syama sulphide production highest since 2016 • Mako continues to deliver production in line with targets Q1 Production • Gold poured of 85,668oz at an AISC of $1,
Slide 11: Production profile
Production profile For personal use only Near mine exploration remains key focus to extend Syama and Mako LOMs Au (koz) Resolute Life of Mine gold production AISC ($/oz) • Syama projected production 600 1,200 between 250koz to 300koz at an AISC ~$1,000/oz. 500 1,000 • Syama Oxide ~80kozpa to 2023 40
Slide 12: 2021 guidance
2021 guidance For personal use only Production and cost guidance There are significant for 12 benefits months towith associated 31 December 2021 automation and the connected communication and information technology systems • Gold production forecast: 350,000oz to 375,000oz at a forecast AISC between
Slide 13: 2021 focus
2021 focus For personal use only Production and strengthening the balance sheet Operational improvement – people, systems and processes Cashflow generation – capitalise on investments and focus on production, revenue, cost and capex $50m target debt repayment (excluding proceeds from asset sales). M
Slide 14: Reporting Calendar and Contact
For personal use only Reporting Calendar 29 July 2021 June Quarterly Activities Report 27 August 2021 Half Year Financial Results 29 October 2021 September Quarterly Activities Report Contact Follow Us Stuart Gale | Managing Director & CEO EMAIL: contact@rml.com.au PHONE: +61 8 9261 6100 WEB | www.r