• Kiniero mine produced 39,347 ounces in Q1 2026, first sales underway

• Robex targets 155,000 ounces for its first full year of operation

• Guinea benefits through a 15% stake and a 5.5% royalty

More than three months after launching operations in Guinea, Robex Resources’ Kiniero gold mine is continuing to ramp up production. In an update released April 7, the Canadian company said the site produced 39,347 ounces of gold in the first quarter of 2026, a period that also marked the start of commercial sales.

As the most recent gold project to enter production in the country, Kiniero is now entering its first full year of operations. Robex is targeting total output of 155,000 ounces for 2026. Production at the end of March already accounts for about 25% of that goal.

The company also reported sales of around 32,306 ounces during the quarter, at an average price of $4,804 per ounce, generating about $155 million in revenue based on those figures.

“Kiniero operation continues to ramp up following achievement of commercial production in February 2026 […]. Robex will provide a comprehensive update of operations and exploration activities in its March 2026 quarterly report to be released later this month,” the company said in its statement.

While more details are expected on the project’s operational and commercial trajectory, these initial results appear encouraging, including for Guinea. Beyond existing tax arrangements, the state holds a 15% stake in the project and receives a 5.5% royalty on revenues generated.

Aurel Sèdjro Houenou