Story perspectives
Ariana Resources Boosts Dokwe Reserves 42% to $1 B Value
6/3/2026
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Story summary
- Ariana Resources said Dokwe Gold reserves rose 42% to 1.13 million ounces, lifting value above $1 billion.
- The firm forecasts annual output of 80,000 ounces, peaking at 100,000 ounces and adding over 3 tonnes yearly, equal to 6 % of Zimbabwe’s target.
- Ariana expects $2 billion earnings and a $1.06 billion net present value using a $4,250/oz gold price.
- Development costs total $164 million and the firm projects investment recovery within one year after start.
