At a Glance
- Robex targets $243 million investment to scale Guinea’s Kiniero gold mine operations.
- Kiniero mine to produce up to 155,000 ounces annually amid strong gold prices.
- Project strengthens Guinea’s industrial gold sector and boosts long-term fiscal revenues.
Canadian mining company Robex Resources has officially launched production at its Kiniero gold mine in Guinea, targeting a total investment of $243 million as it scales operations during one of the strongest gold price rallies in decades.
The milestone follows the completion of Kiniero’s first gold pour, positioning the asset as Guinea’s second industrial gold mine to enter production in three years, after Hummingbird Resources’ Kouroussa mine in 2023. The project reflects Guinea’s accelerating shift from artisanal mining toward large-scale, regulated gold production.
Kiniero mine output and investment
Kiniero is designed with a nine-year mine life, delivering an average annual output of 139,000 ounces of gold, with peak production expected to reach 155,000 ounces during its first full commercial year.
Robex plans to transition the mine to commercial production in Q1 2026, aligning output expansion with elevated global gold prices.
Gold prices have climbed more than 60 percent in 2025, currently trading near $4,300 per ounce, significantly above the $2,330 per ounce assumption used in Kiniero’s feasibility study. The pricing environment materially enhances the project’s projected cash flows and investment returns.
Why Guinea is emerging as a Gold investment hub
Under its ownership structure, Robex holds an 85 percent stake, while the Guinean government retains 15 percent, alongside a 5.5 percent royalty on all gold sales. The project is also subject to a 30 percent corporate income tax, reinforcing its long-term fiscal contribution to the state.
Kiniero’s development highlights Guinea’s rising appeal among international miners, with other large-scale projects such as Predictive Discovery’s Bankan gold project advancing toward final investment decisions.
Strategic importance for Robex and Guinea
As Kiniero advances from first pour to commercial production, the mine is set to become a cornerstone asset for Robex and a key driver of Guinea’s formal gold sector.
The project combines production scale, favorable fiscal structures, and strong commodity pricing, positioning it as one of West Africa’s most strategically timed gold developments.
