Resolute Mining Limited (RMGGF) Q4 2022 Earnings Call Transcript

Jan. 31, 2023 9:43 AM ETResolute Mining Limited (RMGGF), RMGGY
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Resolute Mining Limited (OTCPK:RMGGF) Q4 2022 Earnings Conference Call January 31, 2023 4:00 AM ET

Company Participants

Terry Holohan - Managing Director and Chief Executive Officer

Doug Warden - Chief Financial Officer

Conference Call Participants

Richard Hatch - Berenberg


Thank you for standing by and welcome to the Resolute Mining Limited December 2022 Quarterly Results and 2023 Guidance Conference Call. [Operator Instructions] I would now like to turn the conference over to Mr. Terry Holohan, Managing Director and CEO. Please go ahead.

Terry Holohan

Thanks, Melanie and good morning, everybody and thanks for taking the time to join us on this call today. This is a quarterly activities report, which I presume we have all had a look at. I will initially go through the highlights, there is quite a few there and then take you through the ops and exploration. Then I will hand over to Doug to give us a bit of color on the finances in the corporate side. And I will finish off with guidance and then we’ll hand over to Q&A.

If we look at the highlights, obviously, the most important one at the top of the list, the accident and incident frequency rate, we again showed some improvements over that over the last quarter. We are now at record lows on our operations of 0.41. And what is very interesting and exciting for us is that we are less than a week away from 4 years loss time incident free at Syama, which I think is a fantastic record. A lot of focus going into this and given that we did that major shut in Q1 last year, we think it’s a great result.

If you look at the physicals, the gold, we are excited about the gold ounces. We thought we’d squeeze a bit more

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