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PDI Gold Limited (ASX:PDI)

ALERT: Price-sensitive ASX Announcement for PDI
Current share price for PDI : $4.690 4.015 (594.81%)+
Announcement
Release
30 Jul 2026 8:33AM
Price at Release
$0.675
Full Release
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Summary
Predictive Discovery Ltd achieved significant operational growth in the June 2026 quarter, with gold sales increasing by 17% to 48,924 ounces, primarily driven by a 42% rise in production at the Kiniéro Gold Mine. The company's financial performance was marked by an increase in the all-in sustaining cost to US$1,408/oz, reflecting higher capital expenditures. Financial activities included a merger with Robex Resources Inc., a change in the fiscal year-end, and a strategic investment in Awalé Resources. The Bankan Gold Project made progress with completed FEED and advancing detailed design. Cash and cash equivalents rose to A$280.7 million by the end of the period.
Key Points
  • Gold sales reached 48,924 ounces in the June 2026 quarter, a 17% increase from the previous quarter.
  • Kiniéro Gold Mine in Guinea saw a 42% increase in gold poured, reaching 54,252 ounces.
  • Nampala Gold Mine in Mali poured 9,774 ounces, with gold sales up 10% to 10,454 ounces.
  • All-in sustaining cost (AISC) increased to US$1,408/oz, influenced by sustaining capital expenditure and mining costs.
  • Appendix 5B reports a net increase in cash and cash equivalents at the end of the period to A$280.7 million.
  • PDI completed a merger with Robex Resources Inc., enhancing its operational scale and market presence.
  • The financial year-end was changed to 31 December 2026 to align with operations in West Africa.
  • A strategic investment of US$10 million was made in Awalé Resources Limited.
  • The Bankan Gold Project is advancing with completion of process plant FEED and commencement of detailed design.
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.