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Robex Resources ( (TSE:RBX) ) has provided an update.
Robex Resources Inc is making significant progress on its Kiniero Gold Project in Guinea, with construction activities on track and within budget. The company plans to achieve its first gold pour by Q4 2025 and expects to produce 155,000 ounces of gold in 2026. Key construction milestones include the completion of the SAG and ball mill foundations, the primary crusher ROM wall, and significant progress on the tailings storage facility. The project remains free of lost time injuries, and major contracts for mill installation and mining are set to be awarded soon. This advancement positions Robex well within the gold production industry, potentially enhancing its market presence and stakeholder value.
More about Robex Resources
Robex Resources Inc is a West African gold producer and developer, focusing on the Kiniero Gold Project in Guinea. The company is listed on the TSX Venture Exchange under the symbol RBX.
YTD Price Performance: 34.04%
Average Trading Volume: 39,221
Technical Sentiment Signal: Sell
Current Market Cap: C$461.7M
For an in-depth examination of RBX stock, go to TipRanks’ Stock Analysis page.