Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Resolute Mining ( (AU:RSG) ) has provided an announcement.
Resolute Mining has released a scoping study for its ABC gold project in Côte d’Ivoire, outlining plans for a large-scale open pit operation feeding a 7.0 Mtpa CIL plant. The study is based on a 2.16 Moz mineral resource and targets average annual production of about 141,000 ounces over 12 years at an all-in sustaining cost of US$1,614/oz, positioning ABC to become Resolute’s second operating mine in the country and potentially its fourth mine overall.
On a post-tax basis, the project delivers a US$1.2 billion NPV at a 5% discount rate, a 39% IRR and a 1.4-year payback at a US$3,500/oz gold price, supported by competitive upfront capital of US$648 million and strong early cash flows. Resolute plans to accelerate drilling at the Kona Central and Kona South deposits, update the mineral resource in H2 2026, and advance metallurgical work, permitting and a definitive feasibility study by 2027, with an eye to optimising plant size to lift output above 200,000 ounces per year for at least a decade.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$1.80 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 producer listed on the ASX and LSE, pursuing a strategy to build a diversified, multi-asset gold platform. The company operates existing mines and is advancing new projects in West Africa, including Côte d’Ivoire, to expand its production base and strengthen its position in the global gold sector.
Average Trading Volume: 8,656,623
Technical Sentiment Signal: Buy
Current Market Cap: A$2.76B
See more data about RSG stock on TipRanks’ Stock Analysis page.