Ordinary Fully Paid Deferred Settlement (ASX: PDIDB) — Company Overview, News & Financial Data
Ordinary Fully Paid Deferred Settlement is a West African gold mining, development, and mineral exploration company focused on operating low-cost gold assets and expanding mineral resources across Guinea, Mali, and Côte d'Ivoire.
Ordinary Fully Paid Deferred Settlement
Ordinary Fully Paid Deferred Settlement is a West African gold mining, development, and mineral exploration company focused on operating low-cost gold assets and expanding mineral resources across Guinea, Mali, and Côte d'Ivoire. Its core producing operations include the flagship Kiniéro open-pit gold mine in Guinea, which entered production in late 2025, and the Nampala open-pit gold mine in Mali. The company is also advancing the pre-construction development of the Bankan gold project in Guinea, targeted as a major production hub. Across its assets, the company manages total mineral resources of 10.1 million ounces and ore reserves of 4.8 million ounces.
Snapshot
Operations
Products and/or services of Ordinary Fully Paid Deferred Settlement
- Commercial Gold Mining: Extraction and processing of gold ore at a major open-pit mining facility in Guinea, delivering an average annual output of 139,000 ounces of gold over an estimated nine-year operational life with active carbon-in-leach processing facilities.
- Secondary Gold Production: Continuous open-pit gold extraction and carbon-in-leach ore processing operations in Mali, generating gold bullion with guidance targeting between 41,000 and 46,000 ounces of annual gold output during calendar year 2026.
- Gold Asset Development: Engineering, environmental permitting, and pre-construction planning for a large-scale undeveloped gold discovery in Guinea, designed to construct a processing facility producing approximately 250,000 ounces of gold annually over a 12-year initial lifespan.
- Strategic Equity Holdings: Maintenance of strategic minority equity holdings in West African mineral exploration entities, including an 11.6 percent interest in a publicly traded partner advancing high-grade gold-copper exploration tenements in Côte d'Ivoire.
- Near-Mine Resource Expansion: Diamond and reverse-circulation exploration drilling campaigns around established open-pit operational infrastructure in Guinea and Mali, intended to expand existing mineral reserves of 4.8 million ounces and replace annual depletion from active processing plants.
- Regional Exploration: Greenfield geological surveys, soil geochemistry, and exploratory drilling across prospective greenstone belt land packages in West Africa to discover satellite gold deposits and build a long-term development pipeline for regional processing centers.