Resolute Mining secures new mining permit in Côte d'Ivoire
The news: Africa-focused gold miner Resolute Mining has secured a mining permit for the Doropo Gold Project in Côte d'Ivoire, with the permit granted for an initial 14-year term and eligible for extension.
The context: The permit supports Resolute's aim to become the leading ASX-listed, multi-asset gold producer focused on West Africa.
The company said the approval also creates opportunities for further expansion and value creation across the region.
What they said: "We look forward to unlocking value for our stakeholders by progressing the Doropo Gold Project towards construction in H1 2026. The recent [definitive feasibility study] outlined the extremely strong economics of the Doropo Project with a post-tax project of USD2.5 billion at a gold price assumption of USD4,000 per ounce with significant upside potential," Resolute Mining CEO Chris Eger said.
The source: ASX