Northwire Canada EditionFriday, July 17, 2026
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LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%
Production / Operations Routine +

Kiniero Quarter 1 Production Update

Robex delivers solid Q1 production and cash build‑up, keeping merger momentum intact.

By The Northwire Desk — AI Analysis Apr 07, 2026 · 01:02 RBX · 6.4 Robex Resources Inc.
Executive Summary

Robex Resources reported its Q1 CY2026 operations update. At Kiniero Mine (Guinea) it milled 1.6 Mt of ore at 0.85 g/t Au to produce 39,367 oz gold; Nampala Mine (Mali) produced 10,000 oz from 0.5 Mt at 0.70 g/t Au. The company sold/provisionally sold 32,306 oz Kiniero gold at an average realized price of US$4,804/oz and shipped a further 3,288 oz on 2‑Apr for ~US$15.2 M proceeds; Nampala sales were 9,493 oz at US$4,797/oz average realized price. Cash and bullion holdings rose to US$255 million as of 31 Mar 2026, with the bullion component reflecting unsold gold valued at spot US$4,629/oz.

Material Impact

The Q1 production update is largely in line with expectations set by prior announcements: commercial production was achieved on 11‑Feb‑2026 and guidance had indicated ramp‑up through early Q1. The release confirms that Kiniero continues its post‑commercial ramp‑up, Nampala remains steady, and the company’s liquidity has strengthened to US$255 M – a positive but expected development given the recent warrant exercises (C$82.2 M gross proceeds in Jan) and ongoing gold sales at high realized prices (~US$4,800/oz). No new project milestones, financing events, or merger‑related updates are disclosed; the news therefore represents routine operational progress rather than a material surprise.

RBX · Price
Company Overview

Robex Resources Inc. is a dual‑listed (TSXV: RBX, ASX: RXR) gold producer with two operating assets in West Africa:

  • Kiniero Gold Project (Guinea) – Achieved commercial production on 11 Feb 2026; Q1 CY2026 output 39,367 oz. The project is ramping up toward nameplate capacity and is expected to deliver ~155 koz Au in 2026 per earlier guidance.
  • Nampala Mine (Mali) – Steady producer; Q1 CY2026 output 10,000 oz with annual historic run‑rate of ~45–48 koz.

The company’s strategy centers on using Kiniero cash flow and warrant proceeds to fund development of the Bankan Project (Guinea) via its pending merger with Predictive Discovery Ltd., aiming to create a tier‑1 West African gold hub targeting >400 koz Au/yr by 2029.

Read the original news release →

More from Robex Resources Inc.

Apr 16, 2026 · 15:00

West African Gold Merger Finalized as Kiniero Ramp-Up Validates Cash Flow Strategy

M&A / Property Apr 09, 2026 · 06:12

Merger timetable set, transaction moves one step closer to completion

M&A / Property Apr 08, 2026 · 00:05

“Robex‑PDI merger clears final hurdle, setting stage for a >400 koz gold powerhouse by 2029”

M&A / Property Apr 07, 2026 · 05:12

Robex’s Q1 output lifts cash to $255 M as merger looms, confirming steady ramp‑up

Production / Operations Feb 12, 2026 · 00:04

Robex Completes Strategic Pivot to Guinea as Kiniero Hits Commercial Output Ahead of Multi-Asset Merger

Production / Operations Jan 30, 2026 · 00:05

Robex Evolves from Single-Mine Operator to West African Mid-Tier Heavyweight Following Kiniero First Gold and PDI Merger Approval

M&A / Property