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Predictive Discovery And Robex To Merge In Us$1.5 Billion Deal

mining
Oct 07, 2025
Article Source LogoAfrica Mining Market
Africa Mining Market

Australian miner Predictive Discovery and Canadian miner Robex Resources announced that they will merge in a deal valuing the combined group at A$2.35 billion (US$1.5 billion). The transaction will establish one of the largest gold producers in Guinea, with planned annual output exceeding 400,000 ounces by 2029.

Robex currently operates the Nampala gold mine in Mali and is building the Kiniero mine in Guinea, due to start production by end-2025. Kiniero is expected to produce an average of 139,000 ounces of gold annually over nine years.

Predictive has discovered the Bankan gold deposit in Guinea, estimated to deliver about 250,000 ounces per year for more than 12 years. A final investment decision for Bankan is planned for the second quarter of 2026.

Predictive CEO Andrew Pardey said the merger combines two of West Africa’s most advanced gold projects and leverages the management teams’ experience to create a company that could make Guinea one of Africa’s top five gold producers. He will step into the role of non-executive chairman, while Robex CEO Matthew Wilcox will lead the merged entity.

Predictive will acquire all Robex shares through a court-approved plan of arrangement in Quebec. Robex shareholders will exchange their stock for Predictive shares, ending up with 49% of the new entity, while Predictive shareholders will hold 51%.

The merger is expected to close in December 2025 or early 2026, pending regulatory approvals and a two-thirds majority vote from Robex shareholders at an extraordinary meeting. Predictive shareholder approval is not required.

Both companies retain termination rights and must pay A$37 million (US$24 million) in case of withdrawal.

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