Why Resolute Mining (ASX:RSG) Is Up 5.2% After Upgrading Doropo Gold Project Economics And Sustainability

• Resolute Mining Limited has released an updated Definitive Feasibility Study for the Doropo Gold Project in Côte d'Ivoire, incorporating a higher US$1,950/oz reserve price, larger pits, expanded processing capacity, and revised capital and operating cost estimates, along with detailed resource and drilling data.
• An interesting takeaway is Resolute’s plan to assess a solar and battery lease to reduce power costs and strengthen the project’s sustainability profile while supporting a larger 13-year operation.
• We’ll now explore how the expanded reserves and stronger Doropo economics reshape Resolute’s investment narrative and long-term growth profile.

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Resolute Mining Investment Narrative Recap

To own Resolute Mining, you need to believe it can turn a growing West African project pipeline into sustained, profitable production growth despite jurisdictional and execution risks. The upgraded Doropo DFS strengthens the case for a larger, longer life operation, but it also raises capital and permitting execution stakes, so the most important near term catalyst remains securing the Doropo mining licence on time, while the biggest risk is still project delays or cost overruns that strain future cash flows.

In that context, Resolute’s May 2025 acquisition of the Doropo and ABC projects from AngloGold Ashanti stands out, because the new DFS directly informs whether that US$150 million commitment can translate into value through higher reserves and stronger economics. Together with updated group guidance for 2025 production and costs, this puts Doropo at the centre of both the growth narrative and the risk around funding, timelines and fiscal terms in Côte d'Ivoire.

However, investors should also be aware that Doropo’s larger scale makes any permitting delays, mining code changes or capex creep even more important to understand in detail...

Read the full narrative on Resolute Mining (it's free!)

Resolute Mining's narrative projects $1.2 billion revenue and $338.5 million earnings by 2028. This requires 11.0% yearly revenue growth and roughly a $329.0 million earnings increase from $9.5 million today.

Uncover how Resolute Mining's forecasts yield a A$1.40 fair value, a 26% upside to its current price.

Exploring Other Perspectives

Eight members of the Simply Wall St Community value Resolute between A$0.68 and about A$2.43, highlighting very different views on upside. Set against Doropo’s larger, costlier development profile, this spread underlines why you may want to compare several competing risk and reward assumptions before deciding where you stand.

Explore 8 other fair value estimates on Resolute Mining - why the stock might be worth over 2x more than the current price!

Build Your Own Resolute Mining Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Resolute Mining research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.
• Our free Resolute Mining research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Resolute Mining's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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