Name of the Project
Doropo gold project.

Location
Bounkani region, in north-eastern Côte d’Ivoire, about 480 km north-east of Abidjan and roughly 50 km north of Bouna, near the border with Burkina Faso.

Project Owner/s
Resolute Mining Limited, through its wholly owned Ivorian subsidiaries Ampella Mining Côte d’Ivoire and Ampella Mining Exploration Côte d’Ivoire.

Project Description
The Doropo gold project is a large-scale, openpit gold development underpinned by a definitive feasibility study (DFS) update completed in December 2025. The project comprises 11 defined deposits, of which seven are included in the current mine plan, clustered around a central processing hub with several satellite pits. 

Conventional drill-and-blast, load-and-haul openpit methods will be used to mine, with all production mining activities performed by a contract mining operator. 

Ore from the hub pits will be delivered directly to the processing plant, while material from satellite deposits will be stockpiled and rehandled for transport to the plant. 

Waste rock will be placed in engineered waste rock dumps, with progressive rehabilitation planned throughout the life-of-mine (LoM). 

The processing facility is designed for a throughput of 4.9-million tonnes a year over an estimated 13-year mine life, and will use a gravity and carbon-in-leach flowsheet. 

Average life-of-mine metallurgical recoveries are estimated at about 88%, supporting average annual gold production of about 169 000 oz and total production of about 2.2-million ounces over the LoM. 

The project requires the development of extensive greenfield infrastructure, including a 90 kV grid power connection from the Bouna substation, a tailings storage facility, water harvesting and storage dams, site access roads, nonprocess infrastructure and an accommodation village. 

Resolute will retain owner-managed technical, operational and support functions.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Based on a long-term gold price of $3 000/oz and a 5% discount rate, the project delivers a pretax net present value (NPV) of $1.96-billion and an internal rate of return (IRR) of 57%. 

On an after-tax basis, the NPV is estimated at $1.46-billion, with an IRR of about 49%. The payback period from first production is estimated at about 1.7 years.

Capital Expenditure
Initial capital expenditure is estimated at $516-million.

Planned Start/End Date
Subject to a final investment decision, construction and early works are expected to start ahead of first gold production targeted from 2027. 

The current mine plan supports an estimated operating life of about 13 years from the start of production.

Latest Developments
Resolute Mining announced a final investment decision (FID) to develop the project on March 12, paving the way for construction to start.

The FID follows completion of the technical, economic, environmental and social studies, as well as the granting of a mining permit by Côte d’Ivoire’s Council of Ministers.

Resolute has said it will enter the construction phase from a strong balance sheet position, with net cash of $209-million as at December 31, 2025, while continuing to assess potential funding options as the project advances.

Key Contracts, Suppliers and Consultants
Lycopodium Minerals (engineering, procurement and construction management and DFS update); Orelogy Mine Consulting (mining studies); Knight Piésold (tailings, water and infrastructure); ECG Engineering (high-voltage power supply); and The Mineral Corporation (due diligence).

Contact Details for Project Information
Resolute Mining, tel +61 8 9261 6100 or email contact@rml.com.au.