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PDI Gold Limited (ASX:PDI)

ALERT: Price-sensitive ASX Announcement for PDI
Current share price for PDI : $4.910 4.47 (1,015.91%)+
Announcement
Release
6 Oct 2025 8:22AM
Price at Release
$0.440
Full Release
download
Summary
Predictive Discovery Ltd has confirmed the outstanding project economics of its Bankan Gold Project, which is positioned to become one of West Africa’s leading gold producers. The merger between Predictive Discovery Ltd and Robex Resources aims to consolidate a total mineral resource of over 9 million ounces of gold, with an expected production rate exceeding 400,000 ounces per annum. This merger will establish the combined entity as one of the largest low-cost gold producers in Africa. The project economics highlight an initial capital cost of $463 million and a life-of-mine average all-in sustaining cost (AISC) of $1,057 per ounce. These figures are based on a scenario that considers different gold price levels and operational efficiencies, aiming for competitive standing among mid-cap and large-cap West African gold producers.
Key Points
  • Predictive Discovery Ltd confirms outstanding project economics for Bankan Gold Project.
  • Merger with Robex Resources targets a consolidated mineral resource of over 9 million ounces of gold.
  • Expected production rate exceeding 400,000 ounces per annum post-merger.
  • Intended to be one of the largest low-cost gold producers in Africa.
  • Initial capital cost is estimated at $463 million.
  • Life-of-mine average AISC is projected at $1,057 per ounce.
  • Project positioned among top mid-cap and large-cap West African gold producers.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.