Resolute Mining Limited (RSG) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Resolute Mining First Quarter 2026 Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session through the phone lines, and instructions will follow at that time. For those listening via the phone lines, the presentation is now available within the Investors section of Resolute Mining's website. For those watching the webcast, if you wish to submit a written question, you may do so by using the Ask a Question button on the Sparkline page. I would like to remind all participants that this call is being recorded. I will now head over to the Chief Executive Officer, Chris Egger, to open the presentation. Please go ahead. Thank you, and welcome to Resolute Mining's Q1 2026 Activities Report. So I am Chris Egger, CEO of Resolute Mining, and today I'm joined on the call with Gavin Harris, our Chief Operating Officer, Dave Jackson, our Chief Financial Officer, as well as Mario Toole, our head of investor relations. Moving on to page four. So I'm very pleased that we had a very robust order in the first part of 2026. Let's talk about the operating metrics and then go into more details in the upcoming slides. So first of all, in operating metrics, we achieved pretty much all the targets that we were hoping for, starting with the fact that we only had one lost time injury in the first quarter. Therefore, we had a TRIFR of 0.43. Gold produced was just under 60,000 ounces. right on target with our guidance. Our group basic was at $2,200, slightly higher than expected, but it was all due to the fact that royalty expenses were higher in the first quarter as a result of a higher gold price environment. And our capitalist venture source for the quarter was at $3...