Mali challenges force Resolute Mining to cut Syama outlook

AI desk brief

Resolute cut 2026 Syama guidance to 150,000-160,000 oz at AISC of $2,300-$2,400/oz, down from 195,000-210,000 oz at $1,950-$2,150/oz, as supply disruptions and mining constraints in Mali restricted access to higher-grade ore. Group guidance was also reduced to 205,000-225,000 oz at AISC of $2,250-$2,350/oz versus prior 250,000-275,000 oz at $2,000-$2,200/oz.

The company said intermittent explosives and consumables shortages, wet-season delays and slower open-pit progress at A21 hit July and August output particularly hard, though it expects a recovery into Q4 and is installing an on-site emulsion plant in November to reduce supply risk. Mako in Senegal remains on track and Doropo in Côte d’Ivoire is still scheduled and budgeted.