MINING NEWS
Final Investment Decision approval for Doropo Gold Project LSE-listed Resolute Mining, the Africa- focused gold miner, has formally
approved the Final Investment Decision (FID) for its Doropo Gold Project in Côte d’Ivoire, marking a transformational step towards construction and production. Reaching a positive FID on Doropo advances Resolute’s goal of becoming a leading multi-asset gold producer in West Africa. This milestone underpins the company’s strategy to grow annual gold production above 500 koz by the end of 2028 and validates the company’s commitment to disciplined growth and generating shareholder value. The decision follows the completion of extensive technical, economic, environmental, and social evaluations, as well as receipt of the mining permit from the Council of Ministers in Côte d’Ivoire, confirming the
Resolute Mining has approved the FID for its Doropo Gold Project in Côte d’Ivoire.
due to commence in H1 2026. The development of Doropo supports production over an initial mine life of approximately 13 years, with potential opportunities for expansion and value creation throughout the region. n $28.8 million strategic placement backed by Perseus Mining ASX-listed Aurum Resources has received firm commitments for a placement of 48 million shares at A$0.60 per share to raise A$28,8 million, including a cornerstone investment by African-focused gold producer Perseus Mining. Post completion, the company will have cash on hand of more than A$60 million, providing it with the financial strength to execute its dual-project growth strategy in Côte d’Ivoire. Aurum’s Managing Director Dr. Caigen Wang said: “Perseus Mining’s decision to cornerstone this placement is a powerful endorsement of the quality of Aurum’s asset base and our project development trajectory. With more than A$60M of cash on hand post-raise, Aurum is funded to execute on our 2026 drilling campaign of 130 000m across Boundiali and Napié, deliver the Boundiali Feasibility Study, and continue growing our resource inventory.” n
project’s robust economics, technical viability, and alignment with the company’s long-term growth strategy. The project is expected to become a cornerstone asset within the company’s development pipeline, with construction
Menar becomes a United Nations Global Compact member
Menar becomes a United Nations Global Compact member.
Menar’s Managing Director, Vuslat Bayoglu.
principles relating to human rights, labour, environment, anti-corruption, and to act in support of Sustainable Development Goals (SDGs). As a member, Menar will submit a mandatory Communication on Progress (CoP) report demonstrating its commitment to the UN Global Compact’s Ten Principles. “Our commitment to the UN Global Compact and the Ten Principles is an important part of our journey to promote good stewardship and ethical business practices because we believe in building sustainable economies,” Menar’s Managing Director, Vuslat Bayoglu, concludes. n
As part of its sustainability advocacy, Menar has joined the United Nations (UN) Global Compact initiative, becoming one of over 20 000 companies globally with a shared vision for a better world. As a company involved in critical industries such as mining, minerals processing and logistics, Menar intends to use its membership as a platform to advocate for sustainable practices across all its operations. The UN Global Compact is an initiative that encourages companies to make a positive impact through aligning their strategies and operations with the ten universally accepted
4 MODERN MINING www.modernminingmagazine.co.za | May 2026
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