Robex Resources hits commercial milestone at Guinea gold project

Robex Resources, a Canada-based  gold mining company, has officially entered commercial gold production at its Kiniero Gold Project in Guinea, marking a pivotal step for the TSX-listed gold mining company as it expands its West Africa footprint. 

The milestone follows the first gold shipment this week, totaling approximately 197 kilograms — or 6,336 ounces,  positioning Kiniero among Guinea’s newest cash-generating gold mines at a time of firm global gold prices and heightened investor focus on African mining assets.

The announcement also satisfies commercial production covenants under the company’s senior secured financing agreement with Sprott, a significant development that strengthens Robex’s balance sheet as it ramps up operations.

Under Guinea’s Mining Code, commercial production is recognized at the earlier of sustained output above a prescribed threshold or the first shipment for commercial purposes. Robex confirmed that the initial shipment qualifies as the official date of first commercial production, triggering key financial and regulatory benchmarks tied to the project.

Strong ramp-up metrics support cash flow generation

Operational data released by the company underscore a steady commissioning phase. As of the end of January, Kiniero processed roughly 393,000 dry metric tonnes of ore at an average head grade of 1.0 grams per tonne (g/t) gold. Metallurgical recovery averaged 88%, while mill availability exceeded 92%,  metrics that align with industry standards for open-pit gold mining operations in the Birimian Greenstone Belt, one of West Africa’s most prolific gold regions.

Total gold recovered reached approximately 10,900 ounces, with 5,550 ounces poured. The difference reflects the typical inventory build within the carbon-in-leach (CIL) circuit during early-stage production and commissioning.

With commercial production now underway, Kiniero is expected to generate near-term cash flow, enhancing Robex’s capacity to fund growth initiatives and optimize capital allocation in a competitive gold mining sector increasingly focused on disciplined expansion.

Strategic platform for West Africa growth

Chief Executive Officer Matthew Wilcox described the milestone as fundamental to Robex’s broader strategy. “With Kiniero now in commercial operation and generating cash flow, the asset is positioned to support the development of Bankan as part of our transformative merger with Predictive Discovery,” Wilcox said. He added that the development reinforces the strategic logic behind the combination and the company’s goal of building a leading multi-asset gold producer in West Africa.

Robex currently operates the Nampala gold mine in Mali and owns the Kiniero Gold Project in Guinea, both situated within the highly prospective Birimian Greenstone Belt, a geological formation that hosts several of Africa’s largest gold discoveries. The company continues active exploration drilling across its portfolio, targeting resource expansion and long-term production growth.

Building a multi-mine gold producer in Africa

Headquartered in Quebec, Canada, Robex is positioning itself as a multi-mine, multi-jurisdiction gold producer with a clear focus on operational efficiency, responsible mining, and community engagement across West Africa. 

As global demand for gold remains resilient amid economic uncertainty and central bank buying, new commercial production assets such as Kiniero add meaningful scale to mid-tier producers seeking diversified African exposure.

With Kiniero now fully commercial, Robex moves into its next phase: scaling output, strengthening free cash flow, and advancing its pipeline of gold development projects across the region, a strategy aimed at long-term shareholder value in one of the world’s fastest-growing gold mining corridors.