• Company begins commissioning of processing plant with ore already stockpiled

• Kiniero set to produce first gold bar by year-end at an initial cost of $243 million

• Merger with Predictive Discovery could affect project outlook, outcome still unclear

In Guinea, Robex Resources is close to completing construction of its Kiniero gold mine. In an update published on Monday, November 17, the Canadian company announced that it has begun commissioning the processing plant, with an initial stockpile of ore already in place.

“Most other aspects of the project are nearing completion and remaining on schedule to achieve our targets. Robex is fully funded and is on budget for Kiniéro’s build completion,” said Matthew Wilcox, CEO of Robex, who confirmed that the first gold bar will be produced by the end of the year.

We're pleased to provide a November 2025 project construction update for our Kiniéro Gold Project in Guinea, West Africa: https://t.co/MqELtJSgqY

Commissioning and operations team has fully mobilised to site at the project as we prepare for first gold in Q4 CY2025.$RXR pic.twitter.com/sYXWLyhBMt

— Robex Resources Inc (@RobexGold) November 17, 2025

With an initial cost estimated at $243 million, construction of the Kiniero mine gives Robex a second asset. The company already operates the Nampala gold mine in Mali, which delivered 34,401 ounces between January and September 2025. At Kiniero, Robex aims for average annual production of 139,000 ounces over a nine-year mine life. For 2026, the company targets output of 155,000 ounces.

The planned commissioning of Kiniero comes as Robex prepares to merge with Australia’s Predictive Discovery by December 2025 or early 2026. Also active in Guinea, Predictive is developing the Bankan gold project, which can produce an average of 250,000 ounces of gold per year for more than 12 years. As Robex is expected to be incorporated into Predictive, the impact of the merger on Kiniero’s future development remains uncertain.