GOLD
The Syama Sulphide Conversion Project (SSCP) will increase sulphide processing capacity from 2.4 mtpa to 4 mtpa.
Resolute targets 500 000 gold ozpa from 2028 By Nelendhre Moodley Since formally assuming leadership in February 2025, CEO Chris Eger has launched a multi-pronged growth strategy that positions Resolute Mining to boost annual output from 300 000 oz to a targeted 500 000 oz from 2028. T he Africa-focused gold miner’s growth strategy centres on
Syama gold mine in Mali and the Mako gold mine in Senegal, along with the development-stage Doropo project in Côte d’Ivoire. Syama, the flagship asset is a consistent cash generator; as is the open-pit Mako Gold Mine, acquired in 2019. The recently acquired Doropo Gold Project, purchased in May 2025, is targeting first gold production in Q3 2028. Once operational, Doropo will become the company’s third producing asset. “Over the next two years, we expect to expand our production profile significantly as we advance toward first production at Doropo by Q3 2028. In Senegal, where the Mako pit is reaching the end of its life, we are extending the life of operations with the development of two satellite deposits - Tomboronkoto and Bantaco, which are at a well- advanced stage. Our efforts in Senegal will ensure that we maintain production for the next eight to nine years. We
advancing the Doropo project in Côte d’Ivoire, where it is updating the definitive feasibility study (DFS), accelerating exploration across its portfolio, and securing replacement tonnes for its existing producing operations. Resolute has over $244 million in liquidity and plans to finance $600 million in growth initiatives through existing cash and future cash activities. “We are investing heavily in exploration, with exploration costs set to rise to $35 million annually as we focus on unlocking value from green fields assets in Cote d’Ivoire and Senegal,” says Eger. Replacement ounces at existing operations The gold miner has three key assets in three jurisdictions – the
22 MODERN MINING www.modernminingmagazine.co.za | February 2026
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