Resolute Mining Limited (OTCPK:RMGGF) Q3 2024 Earnings Conference Call October 29, 2024 4:30 AM ET
Company Participants
Terry Holohan – Chief Executive Officer and MD
Chris Eger – Chief Financial Officer
Conference Call Participants
Justin Chan – SCP Resource Finance
Reg Spencer – Canaccord
Cody Hayden – Berenberg
Andrew Bowler – Macquarie
Justin Chan – SCP Resource Finance
Terry Holohan
Good day, ladies and gentlemen. This is Terry Holohan, the CEO and MD of Resolute Mining. I am joined today by Chris Eger, our CFO, and we will take you through our Q3 2024 activities, which you should be able to see on the webcam.
If I jump forward on Page 2, that does have our guidance on there, which we have not at this stage changed. Then to – Slide 3 just gives you the overview of the company. Remember, we are a multi-asset gold producer. We are operating in West Africa, and we’re in the organic growth phase at this point in time. We have a mine in Mali, the Syama gold mine and the Mako gold mine in Senegal. And the exploration now we’ve extended. Last quarter, you remember, I said I’m hoping to put a fourth flag on the presentation, and you can see the Cote d’Ivoire is now on there. So we’re really happy to say we’re expanding now organically on the exploration side.
We are listed on the ASX and the LSE, and we’ve raised to now US$1.2 billion market cap recently. And we have – if I go into a little bit of detail on the three main areas, Syama, remember, it’s got 10 million ounces in the ground, by far the majority of that is sulphide. We have ore reserves of 4 million ounces there. We have an oxide plant at 1.6 million tons, which we’re presently converting to a sulphide plant, and we
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