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Robex Resources ( (TSE:RBX) ) has provided an update.
Robex Resources has extended the life of its Nampala Gold Mine in Mali to December 2026, with mineral reserves now estimated at 121,000 ounces of gold. The updated technical study anticipates an average annual production of 52,000 ounces, with all-in sustaining costs of US$1,106 per ounce, supporting the company’s continued cash flow and development of the Kiniero project in Guinea.
More about Robex Resources
Robex Resources Inc. is a mining company focused on gold production. They operate the Nampala Gold Mine in Mali and are developing the Kiniero gold mine in Guinea, demonstrating significant production capabilities in challenging environments.
YTD Price Performance: 0.85%
Average Trading Volume: 39,602
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$303.4M
For a thorough assessment of RBX stock, go to TipRanks’ Stock Analysis page.