Robex Resources

PDI and Robex have satisfied all remaining conditions and the merger is now unconditional; implementation is expected on or about 15 April 2026. Robex shareholders will receive 7.862 PDI shares for each Robex share/CDI. The combined company is targeting annual production of more than 400,000 ounces of gold by 2029. PDI is expected to be listed on the Toronto Stock Exchange after completion; the management and board team for the combined group have already been set, and financing and balance-sheet synergies are intended to support development of the Bankan project. » Más en finanzen.net

Robex achieved commercial production at the Kiniero project with its first commercial gold shipment on 11 February 2026, meeting the requirements of Guinean mining law and the senior secured financing with Sprott. The shipment comprised about 197 kg of gold (6,336 fine ounces). By the end of January roughly 393,000 tonnes of ore with an average grade of ~1.0 g/t had been processed; metallurgical recovery was ~88% and mill availability over 92%, yielding about 10,900 fine ounces of gold in total (approximately 5,550 of which were cast). Kiniero is therefore commercially operational and is expected to generate cash flow to support the development of Bankan and the planned merger with Predictive Discovery. » Más en finanzen.net

Robex reported the first gold pour at the Kiniero project (21 December 2025) and poured 790 ounces in December, with the processing plant commissioned on time and within budget. The SAG and ball mills and Phase‑1B of the tailings facility are installed or operational; commercial production is expected in Q1 2026. The Nampala mine produced 11,028 ounces in the December quarter (45,429 ounces for FY25). Shareholders approved the merger with Predictive Discovery with 94.54% support; completion is expected in Q1 2026, and 2026 production and cost guidance will follow in Q2. » Más en finanzen.net