Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Investing

Predictive Discovery and Robex Merge, Combining West African Gold Projects

by admin October 9, 2025
October 9, 2025
Predictive Discovery and Robex Merge, Combining West African Gold Projects

Australia-based Predictive Discovery (ASX:PDI) and Canadian company Robex Resources (ASX:RXR,TSXV:RBX,OTC Pink:RSRBF) have agreed on a merger of equals, creating West Africa’s new mid-tier gold producer.

In a joint announcement, the companies said that Predictive Discovery will indirectly acquire all of Robex Resources’ shares.

“(We expect) to issue an aggregate of approximately 2,115 million PDI shares to Robex shareholders, based on the Robex shares outstanding as at the date of this announcement,” Predictive Discovery said.

Under the AU$2.35 billion deal, Robex shareholders will receive 8.667 PDI shares for each Robex share.

Approximately 51 percent of the combined company will be held by PDI shareholders upon completion of the transaction, with the remaining 49 percent going to Robex shareholders.

Moreover, the combined company will remain listed on the ASX and an application to list PDI’s ordinary shares on the TSX Venture Exchange will be made.

Both companies highlighted that their West African gold assets, namely PDI’s Bankan project and Robex’s Kiniero project, are situated within a 30-kilometer radius.

Bankan currently holds a mineral resource of 5.5 million ounces across four deposits, while Kiniero is aiming for its first gold production in late 2025.

The projects hold a resource of approximately 9.5 million ounces gold, including ore reserves at around 4.5 million ounces gold. By 2029, the projected combined production is over 400 kilo ounces per annum.

“(These are) two of West Africa’s largest and most advanced gold development projects,” said PDI CEO and Managing Director Andrew Pardey. “By combining them and leveraging (both companies’) proven track record, we are creating a company that positions Guinea to become one of Africa’s top five gold producers.”

Robex CEO and Managing Director Matthew Wilcox will assume responsibility as CEO and managing director of the combined company.

“I am excited to lead a team that brings together deep operational experience, proven development expertise and a shared commitment to responsible growth in West Africa.”

Subject to customary conditions, the transaction is expected to close towards the end of 2025 or early 2026.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.


This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
S&P 500 Breaking Out Again: What This Means for Your Portfolio
next post
CHARBONE Hydrogen Successfully Completes the Dismantling of Hydrogen Equipment in Quebec and Announces the Arrival of the Main Components in Sorel-Tracy

Related Posts

Aether Global Innovations

August 9, 2023

Top 9 Global Lithium Stocks of 2025

August 7, 2025

Brunswick Exploration Expands Its Exceptional Grassroot Portfolio Across...

March 27, 2024

Trump’s Tariffs Disrupting North American Critical Minerals Supply...

March 19, 2025

​Copper​ Market Hit by Major Supply Squeeze as...

June 26, 2025

Grande Portage Applies for Road Easement from State...

August 23, 2025

E-Tech Resources Inc. Announces CEO Appointment

July 18, 2023

The Lifecycle of a Mine: Discovery to Reclamation...

September 13, 2023

How to Invest in Biotechnology (Updated 2023)

July 5, 2023

Operations Update

May 23, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Saskatchewan Implements New 3 Percent Lithium Royalty, Provides Clarity to Companies

    • Crypto Market Update: Bitcoin Takes Back Losses, Analysts Predict Price Rally Will Continue

    • CHARBONE Hydrogene complete avec succes le demantelement des equipements d’hydrogene a Quebec et annonce l’arrivee des principales composantes a Sorel-Tracy

    • CHARBONE Hydrogen Successfully Completes the Dismantling of Hydrogen Equipment in Quebec and Announces the Arrival of the Main Components in Sorel-Tracy

    • Predictive Discovery and Robex Merge, Combining West African Gold Projects

    Categories

    • Business (1,396)
    • Investing (3,005)
    • Politics (3,699)
    • Stocks (1,814)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved