Highlights

  • Resolute Mining shares have delivered over 250% gains over the past year despite recent volatility.
  • Refinitiv data shows analysts maintaining a Buy rating with a consensus target of AUD 1.85.
  • Doropo Gold Project mining permit clears the final regulatory step toward project development.

Resolute Mining Ltd (ASX:RSG) is currently trading at AUD 1.26, reflecting a decline of AUD 0.020, or 1.56%, in the latest trading session. While the stock has eased by 0.39% over the past month, its longer-term performance remains notable, with a 251.39% increase over the past 12 months. The annual gain indicates a sharp re-rating compared with prior periods, coinciding with operational developments and favourable gold market conditions.

According to Refinitiv data, analysts tracking Resolute Mining continue to maintain a Buy rating on the stock. The consensus target price stands at AUD 1.85, which represents a potential upside of around 46.5% from the latest closing level. Brokerage assessments reflect expectations tied to production growth plans, asset diversification in West Africa, and visibility around upcoming development milestones.

Doropo Gold Project Permit Details
Resolute Mining Limited has received the mining permit for its Doropo Gold Project in Côte d’Ivoire, completing the final major regulatory approval required before development. The permit was announced by the Council of Ministers and is valid for 14 years, with provisions for extension. It covers approximately 400 square kilometres, including the main Doropo deposits and several underexplored mineralised zones.

The project is positioned as a key component of Resolute’s multi-asset portfolio in West Africa. Construction at Doropo is scheduled to commence in the first half of 2026, with development funding planned from the company’s existing balance sheet. First gold production is targeted for the first half of 2028.

Feasibility Metrics and Production Outlook
The Definitive Feasibility Study released in December 2025 outlines the project’s economic parameters. At a gold price of USD 3,000 per ounce, Doropo is estimated to deliver a post-tax NPV (5%) of USD 1.46 billion and an internal rate of return of 49%, with a payback period of 1.7 years.

Life-of-mine production is estimated at approximately 2.2 million ounces over 13 years, translating to average annual output of 169,000 ounces. The study projects an all-in sustaining cost of USD 1,406 per ounce, placing the project within established cost ranges for comparable operations.

With brokerage ratings indicating a Buy stance and a consensus target price above current trading levels, Resolute Mining is navigating a phase shaped by substantial one-year share price gains, short-term volatility, and advancing project execution. The Doropo mining permit represents a regulatory milestone, while feasibility metrics provide a defined framework for future production planning. Market attention remains focused on development timelines and delivery against stated project parameters.

FAQs

Q1. What is the current brokerage outlook for Resolute Mining Ltd?
According to Refinitiv data, analysts maintain a Buy rating with a consensus target price of AUD 1.85.

Q2. How has Resolute Mining performed over the past year?
The stock has gained approximately 251.39% over the past 12 months, despite a modest decline over the past month.

Q3. What does the Doropo mining permit allow Resolute Mining to do?
The permit authorises development of the Doropo Gold Project in Côte d’Ivoire for 14 years, with extension options, enabling construction and future production.