Robex Resources is pleased to announce that is has increased the size of its previously announced "best efforts" public offering The public offering has been upsized to 50,691,200 units of the Company at a price of $2.17 per Unit for gross proceeds increasing to $109,999,904. The offering is led by SCP Resource Finance LP, as lead bookrunner and lead agent, on behalf of a syndicate of one or more additional agents. All [...]
Robex Resources Inc. announced a strategic plan, subject to a successful equity financing, designed to allow it to realize its goal of becoming a leading gold producer in West Africa. All currency amounts in this news release are stated in Canadian dollars, unless otherwise indicated. 1. HIGHLIGHTS This strategic plan includes: an equity financing of $ 55 million, on a "best efforts" agency basis, including an [...]
Robex Resources is pleased to announce that is has engaged SCP Resource Finance LP to act as lead bookrunner and lead agent, on behalf of a syndicate of one or more additional agents, pursuant to an agency agreement, to offer for sale to the public, on a "best efforts" agency basis, consisting of 25,350,000 units of the Company at a price of $2.17 per Unit for gross proceeds of $55,009,500. All currency amounts in this [...]
Robex Resources Inc. today reports operational and financial results for the first quarter ending March 31st, 2024 . HIGHLIGHTS Safety of operations: Nampala and Kiniero accumulated 1.0 million hours worked without injury with lost time work; Ore mined increased to 680,558t compared with Q1 2023, and the operating stripping ratio improved from 3.5x to 1.6x in Q1 2024; Ore processed increased to 551t , while treated ore [...]
Robex Resources Inc. is pleased to announce a Mineral Resource Estimate update prepared by Micon International Co Limited for the Mansounia Central and Mansounia South deposits in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects , . Highlights of the Mansounia 2024 MRE Update include: The total contained gold for the Mansounia Indicated Mineral Resources is reported as 303koz [...]
Robex Resources Inc. today reported its operational and financial results for 2023. Aurélien Bonneviot, Chief Executive Officer, commented: "Nampala ended 2023 with a strong performance that contributed to achieving the top-end of annual production guidance. We have managed to reduce the all-in sustaining cost1 by 12% in an inflationary environment, through operations optimization programs, and all this, without any work [...]
Robex Resources Inc. is please to announce production of 12,957 ounces of gold for the quarter ending March 31st, 2024 . Company's highlights - Processing plant milled 551,221 tonnes of ore, a 5% increase compared with Q1 2023; - Head grade improved from 0.77g/t in Q1 2023 to 0.82g/t in Q1 2024, in line with mine plan; - Plant recovery slightly decreased from 90.1% in Q1 2023 to 89.5% in Q1 2024, but remains consistent [...]
Robex Resources announces that its Board of Directors has approved the implementation of the consolidation of the issued and outstanding common shares of the Company approved by its shareholders on June 29, 2023, on the basis of one post-consolidation common share for ten pre-consolidation common shares , which will take effect on April 1st, 2024. As a result, the Company's consolidated shares are expected to commence [...]
Robex Resources is providing a corporate strategy update for Guinea and Mali. Revised timeline for Kiniero and development update Timeline: Following the updated resource estimate at Mansounia published on December 22nd 2023, the Management and the Board of Directors have decided to revise and update the development schedule. This will allow us to work on an NI43-101 Updated Feasibility Study to tentatively improve [...]
Robex Resources Inc. is pleased to announce production of 51,827 ounces achieving top end guidance of 48,000oz-52,000oz. Company's highlights in Q4 2023 Gold production of 14,307oz of gold in Q4 2023, a 28% increase compared to 11,253oz in Q4 2022 Processed 543,242 tonnes of ore at a head grade of 0.94 grams per tonne of gold, a 5% increase of ore processed compared with Q4 2022 Gold recovery of 87.5%, a 1.9% decrease [...]
Robex Resources is pleased to announce a 43-101 Mineral Resources Estimate Update for the Mansounia deposit and start of an optimized Feasibility Study for Q2 2024, to prioritize workstreams to bring Mansounia in the Kiniero project and review the impact on the project timeline; and extension of the existing US$ 35m Bridge Facility with Taurus Mining Finance Fund No. 2, L.P. alongside their support for the US$ 115m [...]
Robex Resources presents today its operational and financial results for the third quarter ended September 30, 2023. Aurélien Bonneviot, Chief Executive Officer: "Another strong set of operating results at Nampala, demonstrating the incredible dedication of the enlarged management team since the beginning of the year. Nampala's operation performance continue to support the development of the group towards becoming a [...]
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