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Robex Resources Inc. (ASX:RXR)

ALERT: Price-sensitive ASX Announcement for RXR
Current share price for RXR : $7.230 0.67 (10.21%)+
Announcement
Release
7 Apr 2026 8:29AM
Price at Release
$6.560
Full Release
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Summary
Robex Resources Inc. provided a first-quarter production update for the Kiniero Gold Mine in Guinea for the calendar year 2026. The operation, which reached commercial production in February 2026, reported the production of 39,367 ounces of gold and the pouring of 38,178 ounces. The company sold and provisionally sold 32,306 ounces at an average price of US$4,804 per ounce. A further 3,288 ounces were shipped after the quarter ended, generating estimated proceeds of US$15.2 million. As of March 31, 2026, cash and bullion holdings rose to US$255 million. This operational update was released following the commencement of commercial production and is part of the broader ongoing ramp-up efforts.
Key Points
  • Kiniero Gold Mine produced 39,367 ounces of gold in Q1 CY2026.
  • Commercial production began in February 2026.
  • Sold and provisionally sold 32,306 ounces at US$4,804/oz.
  • Cash and bullion holdings increased to US$255 million by 31 March 2026.
  • Additional 3,288 ounces shipped for US$15.2 million after the quarter.
  • Kiniero operation is in ramp-up phase post-commercial production commencement.
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.