Resolute Mining has reported a substantial 60% increase in its gold Mineral Resources and a 55% rise in Ore Reserves, driven by strategic acquisitions and exploration success across West Africa. The Doropo project in Côte d’Ivoire now anchors over a third of the company’s reserves, signaling a new growth phase.
- Mineral Resources up 60% to 17.6 million ounces of gold
- Ore Reserves increased 55% to 6.8 million ounces
- Doropo project adds 2.5 million ounces of Ore Reserves
- Exploration success at Bantaco and La Debo in Senegal and Côte d’Ivoire
- 2026 exploration budget set at $15-25 million focusing on West African assets
Resolute’s Resource Leap
Resolute Mining Limited has unveiled a transformative update to its Mineral Resources and Ore Reserves as of 31 December 2025, marking a pivotal moment in its West African operations. The company’s total Mineral Resources have surged by 60% to 17.6 million ounces of gold, while Ore Reserves have climbed 55% to 6.8 million ounces. This growth is primarily attributed to the acquisition of the Doropo and ABC projects in Côte d’Ivoire, complemented by exploration successes at Bantaco in Senegal and La Debo in Côte d’Ivoire.
Doropo: The New Reserve Powerhouse
The Doropo project stands out as a cornerstone of this expansion, with an updated Definitive Feasibility Study (DFS) completed in 2025 underpinning an Ore Reserve of 2.5 million ounces of gold. This reserve is based on a conservative gold price assumption of $1,950 per ounce and supports a 13-year mine life with an average annual production of approximately 170,000 ounces. The Mineral Resources at Doropo total 4.4 million ounces from 114 million tonnes at 1.2 grams per tonne gold, reported within a $3,000 per ounce pit shell, highlighting the project's robust economic potential.
Exploration Successes and Regional Growth
Beyond Doropo, Resolute has reported significant resource growth at Bantaco, where Mineral Resources increased to 365,000 ounces following extensive drilling programs. Similarly, the La Debo project added over 640,000 ounces to the company’s portfolio. These successes reinforce Resolute’s commitment to organic growth through exploration, with a 2026 budget of $15-25 million earmarked for expanding resources at Doropo, ABC, La Debo, and testing new targets in Senegal, Mali, and Guinea.
Operational and Strategic Implications
Resolute’s CEO, Chris Eger, emphasised the strategic importance of Côte d’Ivoire, which now accounts for over 36% of the Group’s Ore Reserves and 41% of Mineral Resources. The company is leveraging the favourable mining jurisdiction to underpin its organic growth plans. Meanwhile, mining depletion at existing operations in Mali and Senegal has been offset by reserve additions at Doropo and Tomboronkoto, supporting the Mako Life Extension Project and enhancing production stability.
Sustainability and Community Engagement
Resolute continues to prioritise sustainability, embedding environmental stewardship, community upliftment, and good governance into its operations. The company adheres to the Responsible Gold Mining Principles, reflecting its commitment to responsible mining practices across its portfolio.
Bottom Line?
With Côte d’Ivoire now a central pillar of its portfolio, Resolute Mining’s 2026 exploration and development activities will be critical to sustaining its growth momentum and shareholder value.
Questions in the middle?
- How will Resolute’s exploration budget allocation evolve if early 2026 drilling results vary from expectations?
- What are the potential geopolitical risks in Mali and Côte d’Ivoire that could impact project timelines and operations?
- How might gold price fluctuations influence the economic viability of the Doropo and ABC projects?