• Resolute Mining added 1 million ounces (approximately 31 tonnes) to the mineral resources at its Doropo gold project in Ivory Coast.
• This increase brings Doropo's total mineral resources to 4.4 million ounces, a 28% rise from the 3.4 million ounces declared in 2024.
• The resource growth could extend Doropo's mine life by at least five years beyond the initial 10-year projection.

Resolute Mining, an Australian gold producer primarily operating in West Africa, announced a significant increase in mineral resources at its Doropo gold project in Ivory Coast. The company, which operates the Syama mine in Mali and the Mako mine in Senegal, aims for Doropo to commence production by 2028, potentially elevating its overall annual gold output to 500,000 ounces.

The company reported on Monday, September 8, an addition of approximately 1 million ounces (31 tonnes) to Doropo's mineral resources. Resolute acquired the future mine from AngloGold Ashanti for $373 million four months prior. This upgrade now establishes Doropo's total mineral resources at 4.4 million ounces.

This figure represents a 28% increase from the 3.4 million ounces reported in 2024. The augmented resources reinforce Resolute's strategy to optimize the asset's profile. Resolute is currently updating the project's definitive feasibility study (DFS). The company estimates that converting these increased resources into commercially exploitable reserves could extend the project's initial 10-year mine life by at least five years.

Resolute plans to publish an updated reserve statement for the Doropo project by the end of 2025. The initial feasibility study, released in 2024, outlined a mine capable of producing an average of 167,000 ounces of gold annually, with an estimated development cost of $373 million.

 “We are confident that Doropo will be a high-quality long-life mine underpinned by the expectation of further resource growth at Kilosegui and Souwa. The major increase over the existing resource indicates major upside at Doropo and is a key consideration in the updated DFS," said Chris Eger, CEO of Resolute Mining. He added,"We are continuing the optimisation studies and expect to provide the updated DFS and ore reserve by the end of the year.”

The optimization of Doropo's potential aligns with Ivory Coast's national objective to increase annual gold production to 100 tonnes by 2030, up from 58 tonnes in 2024. Resolute can contribute to this goal if the mine's commissioning proceeds as planned in 2028. The company expects to make a final investment decision (FID) by the end of 2025, contingent on the government granting the mining permit.

This article was initially published in French by Aurel Sèdjro Houenou
Adapted in English by Ange Jason Quenum