Northwire Canada EditionFriday, July 17, 2026
Northwire
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 +

Robex produces 39,367 oz Au at Kiniero in Q1

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

Executive Summary
  • On 7 April 2026 Robex Resources reported Q1 CY2026 gold production of 39,367 oz from its Kiniero mine in Guinea (38,178 oz poured) and an additional 10,000 oz from the Nampala mine in Mali.
  • Sales totalled 32,306 oz at an average realized price of US$4,804/oz; a further 3,288 oz shipped post‑quarter for estimated proceeds of US$15.2 M.
  • Cash and bullion holdings rose to US$255 million as of 31 Mar 2026, reflecting strong cash generation from the newly commercialized Kiniero operation (commercial production commenced February 2026).
  • The release notes that a comprehensive operations and exploration update will be included in the March 2026 quarterly report to be released later in April.
Material Impact

The Q1 results are in line with expectations set after Kiniero achieved commercial production in February 2026. Production of ~39k oz (annualized ≈156k oz) aligns with the ramp‑up trajectory previously disclosed, and the cash build‑up was anticipated as the mine moves toward steady state. No material surprise or deviation from guidance is evident; therefore the news represents an incremental, routine‑positive update rather than a game‑changing development.

RBX · Price
Company Overview

Robex Resources Inc. is a dual‑listed (TSXV: RBX, ASX: RXR) gold producer focused on West Africa. Its flagship asset is the Kiniero Gold Project in Guinea, which achieved commercial production in February 2026 and is expected to deliver steady cash flow. The company also operates the Nampala Mine in Mali, a producing asset contributing ~10k oz per quarter. Robex has agreed to merge with Predictive Discovery Ltd. (ASX:PDI) to create a combined West African gold producer targeting >400koz Au/yr by 2029, leveraging Kiniero’s near‑term cash flow to fund development of Predictive’s Bankan project.

Read the original news release →

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