Connect with us

Hi, what are you looking for?

Top Stories

Robex Pours First Gold at Kiniéro, On Schedule and Budget

UPDATE: Robex Resources Inc has successfully poured its first gold bar weighing 2.64 kilograms (85 oz) at the Kiniéro Gold Project in Guinea, marking a significant milestone that was completed on schedule and within budget. The first gold pour, reported just moments ago, underscores Robex’s commitment to operational excellence and safety, with the team achieving nearly 5 million hours worked without a Lost Time Injury (LTI).

The Kiniéro project’s processing plant is ramping up operations smoothly, achieving recoveries in line with feasibility expectations. Open-pit mining is already underway at the South Sabali starter pit, with ore stockpiles accumulating on the run-of-mine pad. The plant is expected to reach its nameplate capacity by early Q1 CY2026, setting the stage for robust gold production.

Matthew Wilcox, Managing Director and CEO of Robex, emphasized the achievement:

“This is a major milestone for Robex, and every member of our team should be proud of what we have accomplished together at Kiniéro. Completing construction and commencing gold production is the culmination of 17 months of dedication and hard work.”

This success reflects Robex’s sixth consecutive successful project delivery in the past 15 years—each on time and on budget. The operational update reveals that commissioning activities are progressing optimally, with mechanical, electrical, and instrumentation systems meeting design specifications.

In addition, Robex has secured an exclusive option to buy back the Mansounia royalties, currently set at a tiered rate of 3% NSR for the first 150,000 oz of gold produced. The buyback includes a $1 million non-refundable option fee, with a total payment of $20 million due upon exercise. This strategic move positions Robex to enhance its profitability as it ramps up production.

Kiniéro now stands as Robex’s second producing asset alongside the Nampala project in Mali, which is projected to yield between 46,000 to 48,000 oz of gold annually. The successful delivery of the Kiniéro project reinforces the rationale for Robex’s proposed merger with Predictive Discovery, aimed at creating a tier-1 gold mining hub in West Africa. This merger is poised to combine the Kiniéro and Bankan projects, with estimated production exceeding 400,000 ounces annually by 2029.

The momentum at Kiniéro not only signifies growth for Robex but also highlights the potential for economic development in Guinea, a nation rich in mineral resources. As operations advance, stakeholders will be watching closely for further updates as commercial production transitions into full swing.

Follow Robex Resources as they embark on this promising venture, which is expected to have a profound impact on the local economy and the gold market in West Africa. For more information, visit [Robex’s official website](http://www.robexgold.com).

You May Also Like

Entertainment

Tyson Gordon, a contestant from the 2026 season of *Married At First Sight* (MAFS), has come under fire from fellow cast members for comments...

Entertainment

Former MAFS (Married At First Sight) star Lucinda Light has responded to speculation that she may replace Mel Schilling as an expert on the...

Entertainment

The latest episode of *Married At First Sight* (MAFS) has ignited a firestorm among fans, largely due to the actions of participant Brook Crompton...

Entertainment

Controversial contestant Tyson Gordon exited the reality show Married At First Sight (MAFS) during the latest episode, following a heated discussion with his wife,...

Entertainment

The latest episode of *Married At First Sight* (MAFS) took an unexpected turn on March 10, 2026, as tensions reached a boiling point during...

Education

A driver has died following a tragic head-on collision involving two vehicles on the Monaro Highway in Colinton, Australia. Emergency services received reports of...

Top Stories

UPDATE: Police have dramatically increased patrols in Mernda after a 22-year-old good Samaritan, Aidan Becker, was fatally stabbed while trying to protect a 14-year-old...

Top Stories

UPDATE: A rapidly worsening bushfire near Trawool, Central Victoria, is prompting urgent warnings for residents to prepare for potential evacuation. The Country Fire Authority...

Business

The recent ruling by the US Supreme Court to overturn significant portions of trade tariffs imposed by former President Donald Trump has sparked both...

Lifestyle

Preparations are in full swing in Birchip as the town begins transforming its eastern silo into a tribute to local jockey Ray Neville and...

Entertainment

Josie Baff’s pursuit of a second Olympic medal was cut short after a crash involving her teammate Adam Lambert during the mixed team final...

Sports

Dallas Mavericks guard Kyrie Irving will not return for the remainder of the 2025-26 NBA season as he continues rehabilitation from a torn left...

Copyright © All rights reserved. This website provides general news and educational content for informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the information presented. The content should not be considered professional advice of any kind. Readers are encouraged to verify facts and consult appropriate experts when needed. We are not responsible for any loss or inconvenience resulting from the use of information on this site.