PDI and Robex to Produce Over 400,000 Ounces of Gold Annually by 2029
Predictive Discovery Limited and Robex Resources have secured shareholder approval for their merger, aiming to create a leading mid-tier gold producer in West Africa with combined production exceeding 400,000 ounces annually by 2029.
- Merger approved by Robex shareholders, expected to complete Q1 2026
- Combined gold production target of over 400koz per annum by 2029
- Mineral resources total approximately 9.5 million ounces of gold
- Bankan Gold Project’s exploitation permit in final government review stage
- Strong cash position of A$43 million with no debt supports development
Merger Creates a New West African Gold Leader
Predictive Discovery Limited (PDI) and Robex Resources Inc. have taken a significant step towards reshaping West Africa’s gold mining landscape. The merger, approved by Robex shareholders in late December 2025 and expected to close in the first quarter of 2026, combines two of the region’s most promising gold projects. This union is set to establish a mid-tier gold producer with a combined annual production forecast exceeding 400,000 ounces by 2029.
The merger brings together PDI’s Bankan Gold Project in Guinea and Robex’s Kiniero Gold Mine in Guinea alongside the Nampala Gold Mine in Mali. Together, these assets boast combined mineral resources of approximately 9.5 million ounces and ore reserves of around 4.5 million ounces, positioning the new entity as a formidable player in the region.
Advancing Bankan Project and Funding Strategy
Execution readiness for the Bankan Gold Project continues to progress, with key preparatory workstreams completed and the exploitation permit application in the final stages of government review. This permit is critical for moving towards construction and eventual production, with a final investment decision targeted for mid-2026.
Importantly, the merger de-risks Bankan’s development funding. Cash flows from Robex’s recently commissioned Kiniero Project, which began production in December 2025, alongside proceeds from exercised warrants, provide a robust financial foundation. Discussions with potential financiers are ongoing, reflecting confidence in the project’s strong economics amid a favourable gold price environment.
Environmental and Social Commitments
PDI has maintained momentum on environmental and social fronts, advancing management plans and community engagement initiatives. The company has implemented grievance mechanisms, conducted training in local villages, and progressed land access and resettlement processes. Community projects supporting education, water access, and infrastructure continue to foster positive local relationships, underpinning sustainable development goals.
Leadership and Market Positioning
The combined company will be led by a seasoned management team with deep in-country experience. Andrew Pardey will serve as Non-Executive Chairman, while Matthew Wilcox takes the helm as CEO and Managing Director. This leadership continuity, coupled with enhanced scale and a multi-asset portfolio, is expected to elevate the company’s profile in capital markets, potentially paving the way for inclusion in key indices such as the ASX 200 and VanEck Junior Gold Miners.
Financially, PDI enters the merger with a strong balance sheet, holding A$43 million in cash and no debt as of December 2025. This liquidity supports ongoing development activities and positions the combined entity well for the next phase of growth.
Bottom Line?
As the merger finalises and Bankan’s permitting advances, the combined company stands poised to redefine gold production in West Africa, investors will be watching closely for financing and regulatory milestones.
Questions in the middle?
- When will the Governments of Guinea and Mali grant final approvals to complete the merger?
- How will the combined company structure financing to optimise Bankan’s development?
- What exploration upside exists beyond current mineral resource estimates in the Siguiri Basin?
