Kiniero Quarter 1 Production Update
Rhea-AI Summary
Robex Resources (RSRBF) reported Q1 CY2026 production from Kiniero and Nampala. Kiniero milled 1.6M tonnes at 0.85g/t to produce 39,367oz Au, poured 38,178oz and sold/provisionally sold 32,306oz at US$4,804/oz. Nampala produced 10,000oz from 0.5M tonnes at 0.70g/t.
Cash and bullion rose to US$255 million (unaudited, bullion valued at US$4,629/oz) at 31 March 2026. A further 3,288oz was shipped 2 April for estimated proceeds of US$15.2 million. Kiniero began commercial production in February 2026 and continues to ramp up.
Positive
- Kiniero production 39,367oz Au in Q1 CY2026
- Nampala production 10,000oz Au in Q1 CY2026
- Cash and bullion holdings increased to US$255 million at 31 March 2026
- Commercial production commenced at Kiniero in February 2026
Negative
- Only 32,306oz sold/provisionally sold versus 39,367oz produced at Kiniero, leaving unsold bullion exposure
- Cash and bullion figure is unaudited as at 31 March 2026
News Market Reaction – RSRBF
On the day this news was published, RSRBF gained 0.87%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Highlights
- Kiniero Gold Mine, Guinea, milled 1.6M tonnes of ore at an average grade of 0.85g/t Au to produce 39,367oz Au in Q1 CY2026.
- Cash and bullion increased to US
$255 million (unaudited; with bullion comprising poured but unsold gold valued at a spot price of US$4,629 /oz) at 31 March 2026. - Kiniero poured 38,178oz Au and sold/provisionally sold 32,306oz Au at an average price of US
$4,804 /oz in Q1. - A further 3,288oz Au was shipped on 2 April 2026 for estimated proceeds of US
$15.2 million . - Kiniero operation continues to ramp up following achievement of commercial production in February 2026.
- Nampala Gold Mine, Mali, milled 0.5M tonnes of ore at an average grade of 0.70g/t Au to produce 10,000oz Au in Q1 CY2026.
- Nampala poured 10,874oz Au and sold/provisionally sold 9,493oz Au at an average price of US
$4,797 /oz in Q1.
Figure 1: Robex Managing Director and CEO Matthew Wilcox with gold bars produced at Kiniero during Q1
QUÉBEC CITY, April 07, 2026 (GLOBE NEWSWIRE) -- Robex Resources Inc. (“Robex” or the “Company”) is pleased to provide an update on Q1 CY2026 gold production at its Kiniero Gold Mine in Guinea, following the commencement of commercial production in February 2026 (ASX announcement 12 February 2026).
Robex produced 39,367oz Au and poured 38,178oz Au at Kiniero in Q1 CY2026 as the operation continues to ramp up. During the quarter, 32,306oz Au were sold and provisionally sold at an average realised price of US
Subsequent to quarter end, a further 3,288oz Au was shipped on 2 April 2026 for estimated proceeds of US
Cash and bullion holdings increased to US
Robex will provide a comprehensive update of operations and exploration activities in its March 2026 quarterly report to be released later this month.
This announcement was approved and authorised for release by the Company’s Board of Directors.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Robex Resources Inc.
Matthew Wilcox, Managing Director and Chief Executive Officer
Alain William, Chief Financial Officer
Email: investor@robexgold.com
www.robexgold.com
Investors and Media:
Nathan Ryan
NWR Communications
+61 420 582 887
nathan.ryan@nwrcommunications.com.au
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/58ca3af0-ff66-401d-b6eb-9a6e79432a99
