- Robex Resources (TSXV:RBX; ASX:RXR) delivered the first ore shipment to the mill at its Kiniéro project in Guinea, West Africa, in preparation for an initial gold pour later this month
- Robex’s Nampala project in Mali houses 772,000 ounces of gold in indicated resources and has produced 230,000 ounces since 2017
- The African gold stock last traded at C$4.55, adding 97.83 per cent year-over-year but only 8.33 per cent since 2020
Gold producer and developer Robex Resources (TSXV:RBX; ASX:RXR) delivered the first ore shipment to the mill at its Kiniéro project in Guinea, West Africa, in preparation for an initial gold pour later this month.
Kiniéro’s mechanical, electrical and instrumentation systems are undergoing their final validation process and performing in line with expectations, setting the stage for commercial production in Q1 2026.
The project is estimated to house 968,000 ounces in total reserves and 1.48 million ounces in indicated resources, yielding a life-of-mine of 9.5 years at all-in sustaining costs of only US$1,066 per ounce and initial capital costs of only $160 million.
Kiniéro’s 470-square-kilometre land package host numerous deposits, offering leadership robust avenues for resource expansion at depth and along known lateral extensions.
Management commentary
“With delivery of first ore to the Kiniéro plant, we continue our commissioning activities while moving a step closer to first gold for the project, which we expect to pour this month,” Matthew Wilcox, Robex Resources’ managing director and chief executive officer, said in Friday’s news release. “Robex aims to become West Africa’s next mid-tier gold producer and with each milestone completed at Kiniéro, we draw closer to achieving that goal. We look forward to providing more updates from the project during the busy weeks ahead.”
About Robex Resources
Robex is a Canadian gold mining company operating the Kiniero project in Guinea and the Nampala project in Mali, the latter housing 772,000 ounces of gold in indicated resources, having produced 230,000 ounces since 2017.
Robex Resources stock last traded at C$4.55, adding 97.83 per cent year-over-year but only 8.33 per cent since 2020.
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