Production and Financial Highlights
In the first quarter of 2026, Kiniero Gold Mine in Guinea reported robust production, milling 1.6 million tonnes of ore to produce 39,367 ounces of gold. This follows the commencement of commercial production in February 2026, as announced by Robex Resources Inc. on 12 February 2026.
Financially, Robex Resources Inc. increased its cash and bullion to USD 255 million by 31 March 2026, valuing the bullion at a spot price of USD 4,629 per ounce. The company’s successful operations at Kiniero are highlighted by this financial improvement.
Throughout the first quarter, Kiniero poured 38,178 ounces of gold. Of these, 32,306 ounces were sold or provisionally sold at an average price of USD 4,804 per ounce. Such significant sales volumes underscore the mine’s growing production capabilities.
On 2 April 2026, Kiniero shipped an additional 3,288 ounces of gold, expected to generate proceeds of USD 15.2 million. This shipment demonstrates ongoing efforts to capitalise on favorable market conditions.
Robex Resources Inc. is set to release a comprehensive quarterly report later this month. This report will offer detailed insights into the company’s strategies and future plans for Kiniero and other assets.
Nampala Gold Mine Performance In Mali,
The Nampala Gold Mine milled 0.5 million tonnes of ore at an average grade of 0.70g/t Au, producing 10,000 ounces of gold during Q1 CY2026. the mine poured 10,874 ounces and sold or provisionally sold 9,493 ounces at an average price of USD 4,797 per ounce, contributing to Robex’s overall production success. Robex achieved commercial production at Kiniero in February 2026, which marked a significant milestone in their operations. The Kiniero operation continues to ramp up production, reflecting the company’s focus on increasing gold output and financial growth across its operations.
Following the end of the quarter, a shipment on 2 April 2026 further boosted the company’s financial outlook. The shipment of 3,288 ounces of gold is estimated to bring in USD 15.2 million in proceeds, enhancing cash and bullion reserves. The company announced that it will provide more updates in its March 2026 quarterly report, which will also cover exploration activities, offering a broader view of Robex’s strategic efforts in the coming months.
Related Articles
- Australia's Kakadu Plum Revolutionises Skincare with EAORON Cream
- GBP K.K. Enters European Market with Solar Panels
- Mohawk Industries Schedules First Quarter 2026 Earnings Call
Last updated: 10 April 2026, 12:23 pm
