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Resolute Greenlights Doropo Gold Project as Cornerstone West African Asset

Story Highlights
  • Resolute Mining approved the Final Investment Decision for the Doropo Gold Project in Côte d’Ivoire, advancing construction from H1 2026 and anchoring its strategy to exceed 500,000 ounces of annual gold production by 2028.
  • The Doropo project’s updated feasibility study outlines a 13-year mine life with 2.2 million ounces of output, strong margins and a post-tax NPV5 of $2.54 billion, supported by Resolute’s $209 million net cash position to preserve balance sheet flexibility.
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Resolute Greenlights Doropo Gold Project as Cornerstone West African Asset

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Resolute Mining ( (AU:RSG) ) has provided an update.

Resolute Mining has approved the Final Investment Decision for its Doropo Gold Project in Côte d’Ivoire, moving the development into the construction phase scheduled to start in the first half of 2026. The project is positioned as a cornerstone asset supporting Resolute’s goal of becoming a leading multi-asset producer in West Africa and lifting group production above 500,000 ounces a year by 2028.

Based on an updated definitive feasibility study, Doropo is expected to produce about 2.2 million ounces of gold over an initial 13-year mine life, averaging 169,000 ounces a year at an all-in sustaining cost of $1,472 per ounce. With upfront capital of $516 million, a post-tax NPV5 of $2.54 billion at a $4,000/oz gold price and a rapid 1.1-year payback, the project is forecast to generate strong free cash flow, underpinned by Resolute’s net cash position of $209 million, reinforcing its financial flexibility and potential returns for stakeholders.

More about Resolute Mining

Resolute Mining Limited is an Africa-focused gold producer listed on the ASX and LSE, with a strategic focus on developing and operating multi-asset gold projects in West Africa. The company aims to expand its portfolio and lift annual output beyond 500,000 ounces by 2028, leveraging a disciplined growth strategy and a strong balance sheet to fund new developments.

For an in-depth examination of RSG stock, go to TipRanks’ Overview page.

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