New Gold Giant Emerges in West Africa via Merger
Predictive Discovery and Robex Resources merge, creating a mid-tier producer targeting over 400,000 ounces of gold annually.
A significant new player is set to enter the West African gold mining landscape, as Predictive Discovery and Robex Resources have announced a merger of equals. The deal is structured to form a leading mid-tier gold producer with ambitious plans to exceed 400,000 ounces in annual production by 2029.
The strategic combination aims to create a powerhouse in Guinea by uniting two of the region's largest and most advanced gold projects. The the creation of a tier-1 mining hub, leveraging the close proximity of Predictive’s Bankan Project and Robex's Kiniero Project.
Under the terms of the agreement, the combined entity will boast an impressive portfolio, with mineral resources totaling approximately 9.5 million ounces of gold. This consolidation is expected to de-risk development funding for future projects, utilizing the operational cash flow from Robex's existing assets to fuel growth across the combined company. The greater scale is also intended to and attract a broader range of institutional investors.
The new company will be led by a seasoned management team, with Robex’s Matthew Wilcox taking the role of CEO and Managing Director, and Predictive’s Andrew Pardey serving as Non-Executive Chairman. This leadership structure is designed to leverage the deep operational experience both teams have in the African mining sector, signaling a strong focus on execution and growth for the newly formed gold producer.