Robex Resources is pleased to announce a discovery on the property in Guinea following the merger with Sycamore Mining. Following acquisition of the 326km² Kiniero Gold Project in Jan 2020 by Sycamore Mining, a Project-wide interpretation of the available data to generate and identify exploration target areas was undertaken. The aim of this target generation campaign was to identify new exploration targets that had not [...]
Robex Resources Inc. is pleased to publish their financial results for the year ending December 31, 2021, and their production results for the first quarter of 2022. 2021 Corporate Operating and Financial Results Highlights The 2021 production amounts to 46,554 oz in concordance with the revised objective of >45,000 oz. The 2021 operational result amounts to CAD 37.1 million due in part to the production decrease [...]
Robex Resources Inc. and Sycamore Mining Ltd are pleased to announce that they have entered into a share purchase agreement whereby Robex and Sycamore will combine their respective businesses to build a multi-asset and multi jurisdiction gold mining company. Transaction summary Purchase price payable through the issuance of a maximum of 403,600,000 common shares in the share capital of Robex . Resulting shareholding: Upon [...]
Robex Resources Inc. Following the significant change in the share liquidity since the beginning of the year, the executive team has decided to retain a specialized services provider, subject to regulatory approval. Robex has retained Venture Liquidity Providers Inc. to initiate its market-making service in order to assist in maintaining an orderly trading market for the common shares of the Company. The market-making [...]
Please note that there was an error in a press release issued by Robex Resources Inc. under the same headline on January 18, 2022, at 09:30 am EST. The corrected release follows: Robex Resources Inc. Record December production Robex Resources Inc. is pleased to announce a record production in December 2021 with a monthly tonnage of 192,024 tonnes at a grade of 0.94 g/t, producing 166 kg . This production rate continues [...]
Robex Resources Inc. Record December production Robex Resources Inc. is pleased to announce a record production in December 2021 with a monthly tonnage of 192,024 tonnes at a grade of 0.94 g/t, producing 166 kg . This production rate continues with 95,877 tonnes of ore processed during the first 15 days of January. The new mining plan established this year enabled us to optimize the Nampala resources. The results confirm [...]
Robex Resources Inc. reports its financial performance for the quarter ended September 30, 2021. All amounts are presented in Canadian dollars . In the third quarter of the year, the improvement in the recovery rate as well as the ore processing throughput enabled us to increase gold production by 6% when compared to the same period in 2020 . This production performance is not reflected in the third quarter results [...]
Robex Resources Inc. reports its financial performance for the quarter ended June 30, 2021. All amounts are presented in Canadian dollars . The second quarter of 2021 shows improvement, and we expect this trend to continue in the coming months. We are still working on our mining strategy by developing a new strategic mine plan that will allow us to optimize the exploitation of our resources and plan our cash flow for the [...]
Robex Resources Inc. reports its financial performance for the quarter ended March 31, 2021. All amounts are presented in Canadian dollars . The first quarter of 2021 was, in line with our forecasts, impacted on one side by the drop in production related to the low grades surface ore and on the other side an increase in the stripping ratio from the new pits. This essential groundwork is helping us prepare for the future [...]
Robex Resources Inc. is pleased to publish their financial results for the year ending December 31, 2020 and their production results for the first quarter of 2021. All amounts are in Canadian dollars . Highlights for the Year 2020 22% INCREASE IN REVENUE Gold sales of $120.8 million compared to $99.2 million in 2019. 126% INCREASE IN OPERATING INCOME Operating income of $48.5 million compared to $21.4 million in 2019 [...]
Robex Resources Inc. is pleased to announce the opening of 4 new pits around the main pit: two to the EAST, one to the SOUTH, and one to the WEST. Following the 2020 Mineral Resources Estimate submitted to SEDAR effective July 31, 2020 , which allowed us to significantly increase our resources and reserves, the prospecting campaign we carried out in late 2020 allowed us to expand measured and indicated resources to [...]
Robex Resources Inc. is preparing for the future and furthering its expertise as it appoints Serge Telle as special advisor to management and the board of directors, and Aurélien Bonneviot as Head of Investor relations and Corporate development. Serge Telle is a French ambassador with significant experience in international relations. He joined the French Foreign Service in 1982 and was appointed at the French embassy in [...]
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