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Resolute Mining Limited Call Transcript 2011

Jul 19, 2011

10548_rns_2011-07-19_cfa0469a-0e8c-4ce5-bf2d-10ccf62f1168.pdf

Call Transcript

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----- Start of picture text ----- AnnouncementACN 097 088 68920 JULY 2011 1----- End of picture text -----

RESOLUTE MINING QUARTERLY CONFERENCE CALL

Resolute Mining’s report for the quarter ended 30 June, 2011 will be released to the ASX pre-opening on Thursday 21 July 2011.

Resolute Chief Executive Officer Peter Sullivan will then host a Conference Call for investors and media at 10:00am AEST Thursday 21 July 2011 to discuss Resolute’s progress.

Teleconference details:

Local dial-in number: 1800 123 296 International access number: +61 2 8314 8370 New Zealand: 0800 452 782 Hong Kong: 800 908 865 United States: 1855 293 1544 United Kingdom: 0808 234 0757

Conference ID: 84997608

Please dial in five minutes before the conference starts and provide the operator with your name and the Conference ID. Alternatively, the teleconference will be streamed - - live here: http://www.openbriefing.com/OB/Resolute Mining Limited/929.aspx

If you plan on participating on the Conference Call, please RSVP to - contact@resolute ltd.com.au so sufficient lines can be made available.

The information in this report that relates to the Mineral Resources and Ore Reserves is based on information compiled by Mr Richard Bray who is a Registered Professional Geologist with the Australian Institute of Geoscientists and Mr Iain Wearing a member of The Australian Institute of Mining and Metallurgy. Mr Richard Bray and Mr Iain Wearing both have more than 5 years experience relevant to the styles of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as a Competent Person, as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Richard Bray and Mr Iain Wearing are full time employees of Resolute Mining Ltd and have consented to the inclusion of the matters in this report based on their information in the form and context in which it appears.

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PETER SULLIVAN

Chief Executive Officer

About Resolute:

Resolute is an unhedged gold miner with three operating mines in Africa and Australia. The Company is the second largest gold producer by volume listed on the ASX and has forecast FY12 production of 410,000oz at a cash cost of $730/oz. Resolute is targeting an increase in production from its flagship Syama project in Mali to 250,000oz of gold a year after an extended ramp-up and commissioning period. Resolute is currently investigating a number of opportunities to add value by increasing gold production and lowering operating costs at Syama and its Ravenswood operations in Queensland. The Company controls an extensive footprint in the highly prospective Syama Sheer and Greenstone Belts in Mali and Cote d’Ivoire. Resolute has identified a number of promising exploration targets at its Ravenswood operations and holds a number of exploration projects in Tanzania surrounding its Golden Pride mine.

Resolute Mining Limited 4th Floor, The BGC Centre, 28 The Esplanade, Perth, Western Australia 6000 Telephone: + 61 8 9261 6100 Facsimile: + 61 8 9322 7597 E-mail: [email protected] www.rml.com.au