Doropo Gold Project Announcement

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Stock Lycopodium Ltd (LYL.ASX)
Release Time 23 Jun 2026, 9:34 a.m.
Price Sensitive Yes
 Lycopodium Awarded EPCM Contract for Doropo Gold Project
Key Points
  • Lycopodium awarded EPCM contract for Doropo Gold Project in Côte d'Ivoire
  • Contract valued at approximately A$196 million
  • Project includes engineering, procurement, construction management services
  • Expected mine life of approximately 13 years
  • FY27 guidance to be provided on 19 August 2026
Full Summary

Lycopodium Limited, a global leader in integrated engineering, project, construction, and asset management, has been awarded the Design, Supply, and Construction Management Services (EPCM) contract for the development of Resolute Mining's Doropo Gold Project in Côte d'Ivoire. The contract is valued at approximately A$196 million and includes engineering, procurement, equipment supply, and construction management services for a 4.9 Mtpa processing plant and associated non-process infrastructure. The project is located in north-eastern Côte d'Ivoire, within the Bounkani Region, approximately 450 kilometers northeast of Abidjan. Lycopodium has been involved with the project through various study phases, including the delivery of the NI 43-101 Technical Report in 2023 and the Definitive Feasibility Study Update in 2025. The project comprises a series of open pit mines, with ore from the multiple deposits mined and processed through the central carbon-in-leach (CIL) processing plant over an expected mine life of approximately 13 years.

Guidance

Lycopodium to provide FY27 guidance on 19 August 2026

Outlook

Lycopodium aims to leverage its extensive experience in gold projects in West Africa for this high-value project.