Feasibility Confirms Strong Economics at Doropo Gold Project in Côte d’Ivoire

Resolute Mining has released an updated feasibility study for the Doropo Gold Project in Côte d’Ivoire, confirming strong project economics, a long operating life, and meaningful production scale. The study positions Doropo as a high-margin, long-life gold operation that is expected to materially strengthen Resolute’s production profile in West Africa, while supporting the country’s ambitions to expand its mining sector and attract long-term investment.

According to the feasibility study, Doropo is forecast to produce an average of around 170,000 ounces of gold per year over a 13-year mine life, delivering total production of approximately 2.2 million ounces. At a gold price assumption of US$3,000 per ounce, the project generates a post-tax net present value at a 5 percent discount rate of US$1.46 billion, underlining its robust financial profile. All-in sustaining costs are estimated at US$1,406 per ounce, placing Doropo firmly within the category of high-margin operations with strong cash flow potential across the gold price cycle.

The scale and quality of Doropo are expected to have a transformative impact on Resolute’s overall portfolio. Once in production, the project is forecast to lift group gold output above 500,000 ounces per year from 2028, significantly enhancing the company’s standing as a leading mid-tier gold producer in Africa. This growth is particularly important in the current global environment, where investors continue to favor long-life assets capable of delivering consistent production and resilient margins.

Beyond corporate benefits, the Doropo Gold Project is expected to make a substantial contribution to the Ivorian economy. Over the life of the mine, the project is projected to deliver more than US$420 million in royalties, taxes, and social development funds to the state. During peak construction, more than 1,500 jobs are expected to be created, while ongoing operations will support over 400 long-term positions, strengthening local employment and skills development. Resolute has emphasized community engagement and responsible development as core pillars of its project strategy, aligning with Côte d’Ivoire’s broader socio-economic objectives.

From a development perspective, Doropo is progressing along a clearly defined timeline. The mining license is targeted for early 2026, which would enable construction to commence in the first half of 2026. This schedule supports a near-term pathway toward final investment decision and project financing, positioning Doropo as one of the most advanced new gold developments in the region.

In a broader African mining context, the Doropo Gold Project highlights Côte d’Ivoire’s growing importance as a stable and attractive gold jurisdiction. The project’s strong economics, long mine life, and social impact potential reinforce the country’s role in West Africa’s gold supply chain. If successfully developed, Doropo could help attract further exploration investment, support infrastructure development, and strengthen confidence in the region’s mining industry as a driver of sustainable economic growth.

Mini-Glossary

• Feasibility study: A detailed technical and economic assessment that determines whether a mining project is viable.
• Net Present Value (NPV): A financial metric that estimates the value of future cash flows discounted to today’s terms.
• All-in Sustaining Cost (AISC): A measure of the total cost of producing an ounce of gold, including operating and sustaining capital costs.
• High-margin project: A mining operation with costs well below expected commodity prices, allowing strong profitability.
• Final Investment Decision (FID): The formal approval by a company to proceed with construction and development of a project.

Editor: Vural Burç ÇAKIR