By: Tip ranks

Resolute Mining has released an updated Definitive Feasibility Study (DFS) for its Doropo Gold Project in Côte d’Ivoire. The study indicates significant improvements, including a 55% increase in ore reserves and an extended mine life. The project is now projected to produce approximately 170,000 ounces of gold annually over 13 years.

This development bolsters Resolute Mining's production profile, supporting its strategy to become a diversified gold producer with a target of over 500,000 ounces in annual production by 2028. The updated study also reports improved project economics with competitive operating costs.

The announcement includes standard promotional elements from a financial data platform, highlighting the stock's recent performance, analyst ratings, and market data. Resolute Mining is an Africa-focused gold mining company with a current market capitalization of approximately A$2.35 billion.