Robex Resources has achieved commercial production at its Kiniero gold project in Guinea, successfully transitioning the project into full production.
The company shipped its first gold shipment from Kiniero, comprising approximately 197 kilograms of gold, equivalent to 6,336 troy ounces.
Under the Guinea Mining Code, the date of first commercial production is defined as the earlier of either the completion of a sustained period of production above a prescribed threshold or the date of the first shipment for commercial purposes.
As of the end of January, Kiniero has processed approximately 393,000 dry metric tonnes of ore at an average grade of 1 gram per tonne of gold. Metallurgical gold recovery averaged approximately 88 per cent with mill availability of over 92 per cent.
Gold recovered totalled approximately 10,900 troy ounces, with 5,500 troy ounces poured.
Robex CEO Matthew Wilcox said: “The delivery of our first commercial gold shipment marks a major milestone for Robex and reflects the successful ramp-up of production at Kiniero.
“The performance of the processing plant and the operating team has been strong as we transition into commercial production.
“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.
“This milestone reinforces the strategic rationales for the combination and our objective of building a leading multi-asset gold producer.”
