Robex Achieves Commercial Production at the Kiniero Gold Project
Robex Completes Strategic Pivot to Guinea as Kiniero Hits Commercial Output Ahead of Multi-Asset Merger
The most recent news (February 12, 2026) announces that Robex Resources has officially achieved commercial production at its flagship Kiniero Gold Project in Guinea. This follows the first gold pour on December 21, 2025, and the first commercial shipment of 6,336 ounces on February 11, 2026. The project has satisfied the technical and operational criteria required under its Senior Secured Facility Agreement with Sprott and the Guinea Mining Code. Operational metrics for January 2026 show mill availability at 92.3% and metallurgical recovery at 87.9%, both tracking well against feasibility assumptions.
This news is a material positive milestone. Achieving commercial production is the final major de-risking event for a mine developer, transitioning the company from a "money-out" phase to a "cash-in" phase. - Operational De-risking: Meeting commercial criteria under the Sprott facility ensures the company remains in compliance with its lenders and signals that the 5Mtpa plant is functioning as designed. - Financial Validation: The first shipment of 6,336 oz provides immediate revenue at near-record gold prices (implied by the 2025-2026 timeframe), which is critical for servicing the US$130 million Sprott debt. - Execution Credibility: Management, led by Matthew Wilcox, has delivered this project on schedule and on budget—a rare feat in the West African mining sector. - Merger Synergy: The start of cash flow at Kiniero is a prerequisite for the pending merger with Predictive Discovery (PDI), as Kiniero's cash flow is intended to fund the development of the world-class Bankan project.
Robex Resources is a West African gold producer that has successfully pivoted from its aging Nampala mine in Mali to the flagship Kiniero Gold Project in Guinea. - Kiniero Gold Project (Guinea): A high-margin project with an initial 9.5-year mine life and reserves of 1.41Moz Au. It is designed for 5-6Mtpa throughput. - Nampala Gold Mine (Mali): An operating mine with a short remaining life (expected to end mid-2026). Robex is currently seeking to divest this asset to focus entirely on Guinea. - Predictive Discovery Merger: This transformative deal will combine Robex’s execution team and Kiniero’s cash flow with PDI’s ~5Moz Bankan project, creating a company targeting 400koz+ annual production by 2029.