KEY FACTS

Kiniéro Gold Mine

Location: Kouroussa Prefecture, Guinea

Mine Type: Open pit

Status: Producing (commenced December 2025) 

Production: 139koz per annum for 9 years

Mineral Resources: 3.73Moz

Ore Reserves: 1.41Moz

Employees: 609

Employment Type: Residential & FIFO

Introduction

The Kiniéro Gold Project is PDI’s flagship operating asset, and is expected to produce 139koz per annum over an initial 9-year mine life. Kiniéro achieved first gold pour in December 2025 and commercial production in February 2026, with these milestones marking a critical step in establishing PDI as a leading West African gold producer.

Located in Guinea’s highly prospective Siguiri Basin, Kiniéro provides near-term production and cash flow, underpinning the development pathway for the Bankan Gold Project and supporting the long-term growth strategy of the combined group.

Kiniéro comprises a 470km² package of permits, including the Kiniéro Mining Licence and the adjacent Mansounia Exploration Licence application, which together host multiple deposits and substantial exploration upside.

ROBEX Location Map Kiniero Project, Guinea

Geology

Kiniéro lies within the Siguiri Basin in the Birimian Greenstone Belt of West Africa. The geology of the project area is characterised by volcanic and sedimentary lithologies comprising fine-grained sedimentary rocks and intrusive volcanic rocks in greenschist facies.

Gold mineralisation at Kiniéro is hosted in shear zones and is typically associated with late-orogenic and structurally controlled medium-grade lodes occurring within quartz veins or in quartz-veined fracture zones with inter-mineralisation intrusives.

Mining

Kiniéro is mined using conventional open pit mining methods. Initial mining is from the Sabali South deposit and mining is also planned to occur at the Sabali, Mansounia, SGA Complex and Jean deposits.

Mining in upper oxide layers will be free-dig with drill-and-blast required in areas that mine through the transitional material into fresh rock. The free-dig nature of the oxide zones was confirmed by extensive previous mining at the site.

A grade control drilling program was completed at Sabali South ahead of production, which reported an 11.5% increase in tonnes, a 3.08% higher grade and 14.58% more contained ounces relative to the Mineral Resource model.

Processing

A new 5Mtpa carbon-in-leach (CIL) plant is in operation at Kiniéro following construction and commissioning.

The flowsheet includes two crushing circuits, semi-autogenous, ball grinding, and pebble crushing milling (SABC), dual CIL circuits, split Anglo-American Research Laboratories (“AARL”) elution, gold electrowinning, and carbon regeneration.

Exploration

Kiniéro sits within a highly prospective structural corridor and offers substantial upside through both brownfields and greenfields exploration.

PDI has planned ~133,200 metres of drilling across about 1,500 holes in FY26. The program will focus on near‑mine resource conversion, pit expansion opportunities and high‑impact new discoveries, with priority targets including Sabali, Mansounia, Mankan and the broader Northern prospects. This targeted exploration strategy is designed to extend mine life, improve strip ratios and strengthen long‑term production flexibility, positioning Kiniéro for sustained growth.