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Resolute Mining ( (AU:RSG) ) has issued an announcement.
Resolute Mining Limited has announced an updated Definitive Feasibility Study (DFS) for its Doropo Gold Project in Côte d’Ivoire, highlighting a 55% increase in ore, extended mine life, and improved financial metrics. The project is expected to produce approximately 170,000 ounces of gold annually over 13 years, with significant financial returns and a competitive all-in sustaining cost. The updated DFS strengthens Resolute’s position as a diversified gold producer, with plans to increase annual production to over 500,000 ounces by 2028. The project is also anticipated to provide substantial benefits to local communities and the Ivorian government, including employment opportunities and financial contributions.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
More about Resolute Mining
Resolute Mining Limited is an Africa-focused gold mining company. It is involved in the exploration, development, and operation of gold mines, with a focus on expanding its portfolio across multiple assets and countries.
YTD Price Performance: 179.75%
Average Trading Volume: 14,266,304
Technical Sentiment Signal: Buy
Current Market Cap: A$2.35B
See more data about RSG stock on TipRanks’ Stock Analysis page.