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Predictive Discovery pours 64,026 ounces of gold in June quarter
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Predictive Discovery pours 64,026 ounces of gold in June quarter

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  • Predictive Discovery reported a combined total of 64,026 ounces of gold poured across its operations for the June quarter.
  • The company maintained a closing cash and bullion balance of $530 million as of June 30.
  • Operations were driven by the Kiniéro asset processing ore above its design nameplate capacity during the period.

Predictive Discovery (ASX:PDI) poured a combined 64,026 ounces of gold during the quarter ended June 30.

The update follows the completion of the company's corporate merger with Robex Resources in April.

The Kiniéro Gold Mine in Guinea delivered the majority of production by pouring 54,252 ounces of gold.

The processing plant at Kiniéro operated above its nameplate capacity to achieve a gold recovery rate of 90.5%.

Following the announcement, the Predictive Discovery share price was down at $0.66.

The company's secondary Nampala asset processed 0.45 million tonnes of ore to pour 9,774 ounces of gold.

Group cash and bullion reserves stood at $530 million at the end of the reporting period.

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