Australia's Resolute Mining falls on lowering 2026 production outlook

Resolute Mining

21/09/2026 02:08

** Shares of Australia's Resolute Mining RSG.AX fall as much as 12.6% to A$1.185, their biggest intraday pct loss since June 5 
** Stock hits lowest level since August 19 
** Gold miner lowers 2026 gold production guidance to 205 – 225 koz, compared to previous outlook of lower end of 250 - 275 koz 
** Says production at Syama gold mine in Mali has remained below plan due to a challenging operating environment, revises 2026 production forecast to 150 – 160 koz, below previous outlook of lower end of 195 - 210 koz
** Stock among worst performers on the ASX 200 benchmark
** Stock last down 5.5%, trimming YTD gains to 4.5% 

(Reporting by Sneha Kumar in Bengaluru)
((Sneha.Kumar@thomsonreuters.com;))