Resolute Mining Limited — Investor Presentation 2013

Jun 30, 2013

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ASX Announcement
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1 July 2013

CHIEF EXECUTIVE OFFICER’S PRESENTATION

Attached is a copy of the Chief Executive Officer’s presentation to be given to investors.

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GREG FITZGERALD Company Secretary

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CORPORATE PRESENTATION JULY 2013

A PROVEN GOLD PRODUCER

One of the largest gold producers listed on ASX Operating assets across Africa and Australia

FY2014 guidance of 345,000oz at A$890/oz

100% unhedged – strong leverage to gold price

Cash generating over wide gold price range Lightly geared balance sheet provides flexibility for capital management and future growth

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CORPORATE OVERVIEW

Ke Information y ASX Code RSG Shares 641M Last Share Price[1] $0.60 Market Cap[1] A$388M Daily Turnover[2] 4.3M shares Cash/Bullion/Inv[3] A$177M Debt[3] A$69M Hedging NIL Shareholders ICM 32.0% Van Eck 7.4% Vinva IM 5.1%

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1. Current at 28 June 2013

2. Average FY2013

3. Current at 31 Mar 2013

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FY2013: CONSOLIDATING OUR POSITION

FY2013 production of 430,000oz at A$830/oz Dividend of $31 million paid to shareholders Syama expansion underway – FY2015 Golden Pride closure – Nyakafuru assessment Sarsfield review showing positive results to date Strategic investment in Noble Mineral Resources

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FOCUS ON CASH

Operating versatility and cash generating for wide range of adverse gold price movements

Review of Syama life of mine plans undertaken

Reduced project capex program for FY 2014 in light of prevailing market conditions

US$113m deferred from FY2014

Review Syama oxide and sulphide circuits designs

• HV Grid connection construction expected to commence in second half of 2013

• Ongoing commitment to capital management ensuring strong financial position retained.

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RESOLUTE: IN A POSITION OF STRENGTH

OZ

500,000 400,000

300,000

200,000

100,000

A consistent gold Producing gold in producer since 1989 Africa since 1996/97

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FY13 forecast 430Koz at A$830/oz

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0

WORKING WITH OUR COMMUNITY PARTNERS

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MALI GOLD INDUSTRY

• Mali third largest gold producing Country in Africa

• Other gold mining companies operating in Mali

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• Resolute operating to conventions negotiated around development time

• New Mining Act 2012 – sets out standard convention

• Favourable operating & fiscal regime, internationally competitive

• Political climate stabilised – no disruptions at Syama to date

• “The parameters in which we work with the Malian

• Government have always been consistent.”

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SYAMA - A PROFITABLE LONG LIFE PROJECT

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Key Statistics RSG Ownership 80% Commissioned 2009 Production (FY13F) 190,000 oz Production Grade 3.5 g/t Cash Costs (FY13F) A$840/oz Mine Life 15+ years Total Reserves 3.6 Moz Reserve Grade 2.8 g/t Total Resources 2.8 Moz Resource Grade 2.7 g/t

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SYAMA EXPANSION IS EXTREMELY ROBUST AT CURRENT GOLD PRICE

• Major expansion approved June 2012

• Expansion of open pit

• Establishment of oxide circuit

• Infrastructure including grid power connection

• Captures total reserves of 3.68Moz including 557Koz oxide material

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• Production increases to average 270,000ozpa

• Life of Syama pit extended to 15 years

• Further underground potential

• Revised capital cost of US$266M – fully funded ‒ Expansion project 34% complete at June 2013

• ‒ US$61m for FY14 and US$113m for FY15

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“A major expansion of
Syama is underway
and scheduled to be
completed in mid
2015.”
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 Extremely robust economics

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RAVENSWOOD – STABLE, LONG -TERM PRODUCTION

Key Statistics RSG Ownership 100% Commissioned 2004 Production (FY13F) 140,000oz Production Grade 2.9 g/t Cash Costs (FY13F ) A$770/oz Current Mine Life 3+ years Total Reserves 1.5 Moz Reserve Grade 0.9 g/t Total Resources 0.9 Moz Resource Grade 0.8 g/t

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MT WRIGHT DELIVERING

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Drill testing to the
500RL
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• Ore production consistent 1.4mtpa from sub level shrinkage

• Grade dilution well within expectation

• Decline completed to design depth

• Assessment underway for potential to extend mining below 600RL base

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RE-OPENING OF SARSFIELD REMAINS AN OPTION

 Potential to extend Ravenswood life and increase production by reopening Sarsfield pit

• Reserves of 1.1Moz

• Additional 110kozpa output

• Mine life extended by 9 years

• Feasibility Study estimated capital cost of $123M and LOM average cash costs of $1106/oz

• Opportunities to improve returns being examined, including:

• Tailings storage facility design

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• Owner Mining

• Conversion of near-pit inferred resources to reserves

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GOLDEN PRIDE – A STRONG PRODUCTION RECORD

Ke Statistics y RSG Ownership 100% Commissioned 1999 Production (FY13F) 100,000 oz Production Grade 1.8 g/t Cash Costs (FY13F) A$880/oz Mine Life 0.5 year Total Reserves 0.1 Moz Reserve Grade 1.8 g/t Total Resources 1.4 Moz Resource Grade 1.8 g/t

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GOLDEN PRIDE – REHABILITATION

• Closure of Golden Pride end of 2013 after 15 years in production

• Rehabilitation well advanced as progressively undertaken since commencement

• Cost provision of ~$10m

• Plant options being considered

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POTENTIAL TO LEVERAGE EXPERIENCE IN TANZANIA

• Existing 1.1Moz resource located 120km NW of Golden Pride at Nyakafuru

• Studies underway to evaluate a future development at Nyakafuru – potential to transport GP plant

• Extensive RC/diamond drilling at Nyakafuru is producing good results

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HIGH VALUE EXPLORATION PORTFOLIO

• Highly prospective, underexplored tenure spread across Mali, Cote d’Ivoire, Tanzania and Australia

• Strong balance sheet enables renewed exploration focus to unlock value and add exploration premium

• Exploration budget for FY14 US$15M

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• Multiple high quality targets close to existing infrastructure at Syama and Ravenswood

• Drilling currently ongoing in Tanzania, Mali and Australia

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“Resolute is exploring
13,590 km [2] of
prospective tenure
across three
countries in Africa.”
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NOBLE MINERAL RESOURCES INVESTMENT

Resolute acquired a 19.99%[1] stake in Noble and backed a A$85 million financing package in November 2012 Noble owns the Bibiani gold mine in Ghana

To date Bibiani has underperformed and not met production or cost forecasts

Resolute has invested A$85 million in Noble convertible notes

Strategic investment by Resolute provides exposure to advanced West African gold project

1. Current holding is 19.67%

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WHY RESOLUTE?

One of the largest gold producers listed on the ASX Long term operating gold miner in Africa and Australia FY2014 guidance of 345,000oz at A$890/oz 100% unhedged – strong leverage to gold price Cash generating over wide range of adverse gold price moves Lightly geared balance sheet provides flexibility for capital management and future growth Active examination of new growth opportunities in receptive gold price and equities market

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Thank you

rml.com.au

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JORC RESERVES

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JORC RESOURCES

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Notes:

1. Mineral Resources are exclusive of Reserves – differences may occur due to rounding.

2. All Resources and Reserves are reported above 1gpt cut-off except Sarsfield above 0.4gpt cut-off and Nyakafuru above 0.5gpt cut-off. 3. Mt Wright underground Reserves and Resources reported above

3. 1.8gpt cut-off.

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