• Robex Resources and Predictive Discovery will finalize a $1.5 billion merger by end-April 2026.

• The combined group targets annual gold production above 400,000 ounces by 2029.

• Authorities in Quebec, Mali, and Guinea have cleared all regulatory approvals.

Gold miners Predictive Discovery and Robex Resources confirmed on April 9 that they have entered the final phase of their merger process. The companies expect to complete the transaction by the end of April. The deal will create a new gold group valued at $1.5 billion with operational anchoring in Guinea.

Predictive Discovery and Robex Resources initially announced the merger in October 2025 and revised the terms in early December. However, the companies conditioned the transaction on multiple regulatory approvals.

Authorities have now cleared all required approvals, enabling the companies to proceed with closing. Predictive Discovery stated on April 8 that it had satisfied all conditions precedent, including approvals from a Quebec court and the governments of Mali and Guinea. Consequently, the companies removed the final barriers to completing the transaction.

Robex Resources announced on April 10 that it will delist its shares as part of the consolidation process with Predictive Discovery. The companies plan to list the new entity’s shares by April 22 on both the Toronto Stock Exchange (TSX) and the Australian Securities Exchange (ASX). This dual listing aims to enhance market visibility and investor access across key mining and capital markets. The companies aim to create a gold producer with a portfolio targeting more than 400,000 ounces of annual output by 2029 in West Africa.

Robex Resources currently operates the Kiniero gold mine in Guinea, which delivers an average production of 139,000 ounces per year over nine years. The company also operates the Nampala mine in Mali, which produced 45,429 ounces in 2025.

Meanwhile, Predictive Discovery is developing the Bankan project in Guinea. The project targets annual production of approximately 250,000 ounces over a 12-year mine life and requires an estimated $463 million investment.

“The transaction consolidates two of the largest, lowest-cost and most advanced gold projects in West Africa, Bankan and Kiniero, within a combined group that has the execution capability and financial strength required to become a major gold producer with expected output exceeding 400,000 ounces per year by 2029,” said Andrew Pardey, Chief Executive Officer of Predictive Discovery.

This article was initially published in French by Aurel Sèdjro Houenou

Adapted in English by Ange J.A de Berry Quenum