Doropo Final Investment Decision Approved

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Stock Resolute Mining Ltd (RSG.ASX)
Release Time 12 Mar 2026, 8:31 a.m.
Price Sensitive Yes
 Resolute Mining Approves Final Investment Decision for Doropo Gold Project
Key Points
  • Resolute Mining approves final investment decision for its Doropo Gold Project in Côte d'Ivoire
  • The project is expected to become a cornerstone asset with a 13-year mine life
  • Construction to commence in H1 2026, supporting Resolute's goal of 500koz annual production by 2028
Full Summary

Resolute Mining Limited ('Resolute' or 'the Company') has formally approved the Final Investment Decision ('FID') for its Doropo Gold Project ('Doropo' or 'the Project') in Côte d'Ivoire. 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 generating shareholder value. The decision follows the completion of extensive technical, economic, environmental, and social evaluations, as well as receipt of the mining permit from the Council of Ministers in Côte d'Ivoire, confirming the Project's robust economics, technical viability, and alignment with the Company's long-term growth strategy. The Project is expected to become a cornerstone asset within the Company's development pipeline, with construction due to commence in H1 2026. The development of Doropo supports production over an initial mine life of approximately 13 years, with potential opportunities for expansion and value creation throughout the region.

Guidance

The Doropo Gold Project is expected to generate an average annual gold production of 169koz over the life of mine, with an average AISC of US$1,472/oz. During the first 5 years of production, the project is expected to produce an average of 204koz per annum at an average AISC of US$1,360/oz.

Outlook

Resolute expects the Doropo Gold Project to become a cornerstone asset within its development pipeline, supporting the Company's strategy to grow annual gold production above 500koz by the end of 2028. The Company will continue to evaluate all funding options to maintain balance sheet flexibility and support additional growth initiatives.