Robex Faces Execution Risks as Kiniéro Gold Project Moves Toward Production

Robex Resources has commenced commissioning at its Kiniéro Gold Project in Guinea, maintaining its schedule and budget to produce first gold in the fourth quarter of 2025.

  • Commissioning and operations teams fully mobilised on site
  • First ore delivered to ROM pad, mining fleet mobilisation near completion
  • Tailings storage facility and power station installation nearing completion
  • Process plant pre-commissioning progressing with key equipment energised
  • Project remains fully funded and on budget for Q4 2025 first gold
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Project Progress and Milestones

Robex Resources Inc. has provided a comprehensive update on the development of its Kiniéro Gold Project in Guinea, West Africa, confirming that commissioning activities have officially commenced. The company is on track to achieve its target of first gold production in the fourth quarter of 2025, a significant milestone for this West African gold producer and developer.

Key construction milestones have been reached, including the completion of grade control drilling over the Sabali pit and the delivery of the first ore to the run-of-mine (ROM) pad. The mobilisation of the mining contractor fleet is nearing completion, signalling readiness for full-scale operations.

Infrastructure and Equipment Readiness

Robex has made substantial progress on critical infrastructure. The tailings storage facility is close to completion and will soon be ready to support ore commissioning within the process plant. Installation and testing of the power station engines have been completed, with energisation imminent. Additionally, the electrical and pre-commissioning phases of the process plant are advancing in line with the commissioning schedule.

Notably, the high-voltage switchgear pre-commissioning is complete and ready for testing, while the communication network within the process plant has been installed, connected, and energised. The carbon-in-leach (CIL) motor control centre has been energised, and function testing of drives is underway. The SAG mill drive train installation and alignment have been completed, with energisation of the inching drive achieved and the ball mill installation to follow shortly.

Financial Position and Outlook

Robex’s management, led by CEO Matthew Wilcox, emphasised that the project remains fully funded and on budget. This financial stability underpins the company’s confidence in meeting its production timeline. Wilcox highlighted the methodical and safe approach to commissioning, which is critical in maintaining schedule integrity.

While the company is optimistic, it also acknowledges the various operational and geopolitical risks inherent in mining projects in West Africa. These include potential delays, fluctuations in gold prices, and regional security challenges. Forward-looking statements in the announcement caution investors about these uncertainties, underscoring the importance of monitoring ongoing developments.

Strategic Implications

The commencement of commissioning at Kiniéro marks a pivotal phase for Robex Resources, transitioning the project from construction to operational readiness. Successful first gold production in Q4 2025 would validate years of exploration and development efforts, potentially enhancing the company’s market position and investor confidence.

As the project advances, close attention will be paid to operational ramp-up, cost control, and the broader gold market environment, all of which will influence Robex’s near-term performance and strategic trajectory.

Bottom Line?

Robex’s steady progress at Kiniéro sets the stage for a critical production milestone, but execution risks remain as commissioning advances.

Questions in the middle?

  • Will Robex maintain its commissioning schedule amid regional geopolitical uncertainties?
  • How will gold price fluctuations impact the project’s profitability upon production start?
  • What are the company’s plans for scaling operations post-first gold production?