Mining Permit Awarded for Doropo Gold Project
| Stock | Resolute Mining Ltd (RSG.ASX) |
|---|---|
| Release Time | 5 Feb 2026, 9:29 a.m. |
| Price Sensitive | Yes |
Mining Permit Awarded for Doropo Gold Project
- Resolute Mining awarded mining permit for Doropo Gold Project in Côte d'Ivoire
- Permit valid for 14 years with ability to extend
- Supports Resolute's goal of becoming a leading multi-asset gold producer in West Africa
Resolute Mining Limited ('Resolute' or 'the Company') has announced that the Council of Ministers have officially awarded the mining permit for the Doropo Gold Project in Côte d'Ivoire. The mining permit is valid for 14 years with the ability to extend. This milestone underpins the Company's strategy to grow annual gold production above 500 koz by the end of 2028 and validates its commitment to disciplined growth and shareholder value. The development of Doropo not only supports Resolute's ambition to deliver strong financial returns but also positions the Company to unlock further opportunities for expansion and value creation throughout the region. The award of the mining permit represents the final governmental approval required to launch the development and operation of the Doropo Gold Project, with the official Presidential Decree expected in the weeks following the Council of Ministers' meeting. The mining permit covers a substantial area of 400km², encompassing the main Doropo deposits and several drill-tested mineralised trends, as well as multiple coherent soil geochemical anomalies and identified geophysical structures that remain untested by drilling.
Resolute intends to use its existing balance sheet to progress Doropo into construction, which is expected in H1 2026 followed by first gold in H1 2028.