Resolute Mining Conference: CEO says 2025 turnaround can extend into 2026 as Doropo build nears
Yahoo Finance·2026-02-25 16:03
According to Eger, the updated economics are “incredibly robust,” and he described Doropo as being worth “well over $2.5 billion.” He noted the company ran new pit shells at a $2,000 gold price, resulting in a reserve of 2.5 million ounces, and said that at $3,000 to $4,000 gold the reserve could increase to 3.5 million to 4 million ounces—suggesting a mine life longer than 13 years.Eger said Resolute acquired the Doropo project from AngloGold Ashanti in May of the prior year for $150 million in cash, struc ...