Robex Delivers First Ore To Mill At Kiniero Project

Robex Resources (TSXV: RBX) is one step closer to having another operating mine under its belt. The company this morning announced that it has delivered the first ore to the mill at the new Kiniero mine in Guinea, West Africa, as the company inches towards the first gold pour on site.

With the delivery of the first ore to the mill, the first gold pour at Kiniero is expected to occur later this month, while the ramp up to commercial scale production is expected to be completed in the first quarter of 2026. Commissioning meanwhile is underway, with all mechanical, electrical, and instrumentation systems said to be performing to expectations.

Kiniero, once fully operational, is expected to produce on average 90,000 ounces of gold over a 9.5 year mine life at an all in sustaining cost of $1,066 an ounce. Production is front weighted to the first years of operations, with production expected to average 105,000 ounces of gold over the first three years.

“With delivery of first ore to the Kiniéro plant, we continue our commissioning activities while moving a step closer to first gold for the project, which we expect to pour this month. Robex aims to become West Africa’s next mid-tier gold producer and with each milestone completed at Kiniéro, we draw closer to achieving that goal,” commented Matthew Wilcox, CEO on Robex Resources.

Robex Resources last traded at $4.55 on the TSX.


Information for this briefing was found via the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Is This the Most Overlooked Critical Mineral? (+1000% Move) | Guy Bourassa – Scandium Canada

Is Gold Entering a New 15-Year Cycle? | Rob Husband

A 100,000 Ounce Per Year Gold Plan in Utah | Scott Trebilcock — Revival Gold

Recommended

Russia Fuels Iran’s War Effort with Intelligence on US Military Targets

Silver47 Launches 7,000-Meter Hughes Drill Program In Nevada

Related News

Robex’s 3.4 Million Oz Gold Resource Project

In this interview at the Precious Metals Summit 2024, Matthew Willcox, CEO & Managing Director...

Thursday, September 19, 2024, 03:19:00 PM