< Back to all clusters
[BUSINESS] · Guinea, Mali, Canada · 2 sources

Predictive Discovery reports 64,026 ounces gold output in Q2 2026

Predictive Discovery Limited (ASX:PDI, TSX:PDI) issued a production update on 9 July 2026 from Quebec City. The company highlighted strong operating results at its Kiniero mine in Guinea, where average throughput reached 1,113 t/h (≈9 million t/a), well above the design capacity of 6 million t/a, and gold recovery improved to 90.5%.

During the quarter ending 30 June 2026 the Kiniero operation processed 2.2 million t of ore at 0.86 g/t gold, yielding 54,252 oz Au, while the Nampala mine in Mali processed 0.45 million t at 0.71 g/t, producing 9,774 oz Au. Combined gold output from both sites was 64,026 oz. Cash and gold bullion holdings stood at 530 million AUD (≈365 million USD).

Predictive Discovery noted that its Tier‑1 Bankan project in Guinea is nearing construction readiness, targeting about 250,000 oz of annual production and aiming for over 400,000 oz per year by 2029 as part of its expansion plan.