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RESOLUTE Mining is considering a second gold processing plant at its Doropo project in Ivory Coast.
The Australian-listed miner is already building a $516m mine at Doropo, which is scheduled to begin production in the first half of 2028.
The proposed expansion would be at Kilosegui, around 30km from Doropo's main processing plant. It could provide additional production towards Resolute's ambition to increase annual gold output to more than 500,000 ounces.
In an investor presentation dated Wednesday, Resolute said it was investigating whether Kilosegui could support a standalone processing plant and tailings infrastructure.
Kilosegui has an ore reserve of 856,000 oz, the largest of Doropo's deposits. Exploration drilling began during the September quarter.
The proposed second plant is separate from Doropo's existing development, which remains on schedule and within budget.
Resolute has committed $315m, or 61%, of the project's capital budget. It has secured a further $260m in financing from local banks in Ivory Coast, of which $29m had been drawn by the end of September.
Doropo is expected to produce an average of 169,000 oz annually over its 13-year mine life. Its all-in sustaining cost is forecast to average $1,472/oz.
Resolute is also advancing its ABC gold project in Ivory Coast, which has an inferred mineral resource of 3 million oz.
Resolute acquired Doropo and ABC from AngloGold Ashanti in 2025, expanding its development pipeline in Ivory Coast.
The company completed 23,900 m of drilling during the September quarter. An updated resource estimate is expected in the first quarter of 2027. Resolute plans to advance feasibility studies and a mining application by the end of that year.
ABC could eventually become Resolute's fourth operating mine.
Meanwhile, Resolute is working to restore production at its Syama mine in Mali following disruptions to explosives supplies and underground mining.
Syama produced 31,777 oz during the September quarter. Output is expected to improve to between 45,000 oz and 50,000 oz in the final quarter, supported by more reliable explosives supplies and processing improvements.
Group production is forecast at 205,000–225,000 oz this year, compared with 277,000 oz in 2025.
In Senegal, Resolute is developing satellite deposits to extend the life of its Mako mine. It is also pursuing exploration opportunities in Guinea through its joint venture with state-backed Nimba Mining Gold.
Resolute ended September with net cash of $276m and available liquidity of $480m to support its development programme.