By: Ecofin agency

Resolute Mining focuses exclusively on gold operations in West Africa, running two key assets: the Mako mine in Senegal and the Syama mine in Mali. Together, these mines produced 340,000 ounces in 2024, though output is expected to fall this year.

The company reported gold production of 151,460 ounces across its West African mines in H1 2025. The figure appeared in its operational update published Tuesday, July 29, and signals a near 9% decline from the 167,140 ounces posted in the first half of 2024.

According to the report, combined quarterly output stayed fairly consistent with 75,497 ounces in Q1 and 75,962 ounces in Q2. Resolute cited weaker ore production at Syama in the second quarter, but Mako achieved stronger results due to "higher than expected ore grades."

Following the end of open-pit mining at Mako in June, production is likely to decline for the rest of 2025. Resolute therefore forecasts annual output of 275,000 to 300,000 ounces, compared to 340,000 ounces produced in 2024.

The company owns 90% of the Mako mine, with the Senegalese government owning 10%. At Syama, Resolute holds an 80% ownership interest, with the Malian government controlling the remaining 20%.