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QUEBEC CITY, July 08, 2026 (GLOBE NEWSWIRE) — Predictive Discovery Limited (ASX:PDI, TSX:PDI) (“PDI” or “Company”) is pleased to announce a production update for the three-month period ended 30 June 2026.1
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- Kiniero Gold Mine in Guinea delivered outstanding operational performance during the quarter. Average plant throughput of 1,113tph (~9.0Mtpa) – well above the 6.0Mtpa nameplate capacity – with gold recovery improving to 90.5%, demonstrating continued process optimisation and strong plant performance.
- Mining operations at Kiniero continued to perform strongly during the quarter, supporting sustained mill throughput above nameplate capacity and consistent processing performance.
- Kiniero milled 2.2Mt of ore at an average grade of 0.86g/t Au to pour 54,252oz Au.
- Nampala milled 0.45Mt of ore at an average grade of 0.71g/t Au to pour 9,774oz Au.
- Combined gold poured from Kiniero and Nampala of 64,026oz Au during the June 2026 quarter.
- Cash and bullion as at 30 June 2026 of A$530M
(US$365M).2
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PDI will provide a comprehensive update of activities in its June 2026 quarterly report, to be released later this month.
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This announcement is authorised for release by the PDI Board of Directors.
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Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
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For further information visit our website at www.predictivediscovery.com or contact:
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ABOUT PREDICTIVE DISCOVERY
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PDI is a leading West African gold production and development company, combining a portfolio of high quality assets with a proven execution capability and strong financial platform.
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PDI asset portfolio is anchored by the Kiniero Gold Mine in Guinea, which commenced production in late 2025, and the Nampala Gold Mine in Mali, which has been operating since 2017. These production assets provide momentum and strong cash flows as the Company advances its growth plans.
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PDI’s long-life growth asset is the Tier-1 Bankan Gold Project in Guinea, one of the largest undeveloped gold projects in Africa. Bankan is approaching construction-ready status with expected production of ~250,000oz per annum over more than 12 years.
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Once Bankan is in production, PDI is targeting annual production exceeding 400,000oz by 2029 from its low-cost mining hub in Guinea, leveraging the proximity and synergies of the Kiniero and Bankan assets.
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PDI is at a pivotal stage in its evolution, growing into a mid-tier, multi-mine West African gold producer, with a clear focus on sustainably developing its portfolio to create long-term value for shareholders and stakeholders.
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COMPLIANCE STATEMENTS
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Not an Offer
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This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities. No securities regulatory authority has approved or disapproved the contents of this announcement. The securities referred to in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, or to, or for the account or benefit of, U.S. persons, except pursuant to an exemption from, or in a transaction not subject to, U.S. registration requirements.
English (US)