Robex Resources hits commercial gold production in Guinea

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Robex Resources hits commercial gold production in Guinea
Robex Resources hits commercial gold production in Guinea
Liezl Gambe
Written by Liezl Gambe
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Robex Resources (ASX:RXR) declared the commencement of commercial production at its flagship Kiniero Gold Project in Guinea this week.

The milestone follows the successful dispatch of the project’s inaugural gold shipment—a substantial 197 kilograms (approximately 6,336 troy ounces)—which left the site on Feb. 11.

The achievement satisfies the rigorous commercial criteria mandated by both the Guinea Mining Code and the company’s senior secured facility agreement with Sprott.

The transition to commercial status comes on the heels of an impressive operational ramp-up.

By the end of January, the Kiniero facility had processed roughly 393,000 dry metric tonnes of ore.

Technical performance remains robust, with metallurgical gold recovery rates averaging 88% and mill availability exceeding 92%.

While total gold recovered reached 10,900 troy ounces, the company noted that 5,550 ounces were poured, with the remainder safely accounted for as a planned inventory buildup within the carbon-in-leach circuit.

CEO Matthew Wilcox emphasised that this operational success is a catalyst for the company’s broader ambitions.

With Kiniero now generating active cash flow, Robex is strategically positioned to accelerate the development of its Bankan asset.

The move reinforces the logic behind the company’s recent merger with Predictive Discovery.

At the time of reporting, Robex Resources' share price was $6.96.

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