PDI: September 2026 Quarter Production Update

Original announcement by asx on

Company
PDI Gold Limited
Ticker
PDI
Exchange
ASX
Region
West Africa
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Production, Metallurgy
Extracted
2026-10-04 22:17:07 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

PDI Gold reported strong September 2026 quarter production, led by Kiniero which maintained throughput above nameplate capacity with 88.3% gold recoveries. Nampala production was impacted by pit cutback activities, but the company ended the quarter with a strong cash and bullion position of US$405 million.

Reasoning: Strong production performance at Kiniero and a robust cash position, partially offset by operational constraints at Nampala due to pit cutbacks.

Positive factors

  • Kiniero throughput maintained above nameplate capacity
  • Strong cash and bullion position of US$405M
  • Consistent gold recoveries at Kiniero

Negative factors

  • Nampala production impacted by pit cutback activities

Facts used in scoring: 2

Classification and evidence

Strong Productionpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: Kiniero maintained throughput above nameplate capacity and delivered strong quarterly production.

Evidence · text

“Kiniero continued to deliver strong operational performance, with plant throughput maintained above nameplate capacity”

Operational Constraintnegative · Story-specific tag

No canonical definition is currently available.

Why it applies: Nampala production was impacted by pit cutback activities affecting ore access.

Evidence · text

“Nampala’s production was impacted by access to additional ore as pit cutback activities progressed.”

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 2 distinct composites were tested

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Metallurgical Results (2)

Fact 1Kiniero · goldRecovery: 88.3 %Head Grade: 0.69Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Kiniero
Commodity
gold
Region
guinea
Reported Region
Guinea
Ticker
PDI

Test Work

Sample
Kiniero milled ore

Recovery

Recovery
88.3 %
Head Grade
0.69
Head Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-04T00:00:00.000Z

Reasoning: Strong operational performance with high throughput and solid recoveries.

Positive factors

  • Throughput above nameplate capacity
  • Solid gold recoveries

Evidence · text

“Kiniero milled 2.3 Mt of ore at an average head grade of 0.69g/t Au, pouring 45,599oz Au”
Fact 2Nampala · goldHead Grade: 0.63Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Nampala
Commodity
gold
Region
mali
Reported Region
Mali
Ticker
PDI

Test Work

Sample
Nampala milled ore

Recovery

Head Grade
0.63
Head Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-04T00:00:00.000Z

Reasoning: Production was constrained by access to additional ore during pit cutback activities.

Negative factors

  • Production impacted by pit cutback activities

Evidence · text

“Nampala milled 0.42 Mt of ore at an average head grade of 0.63g/t Au, pouring 7,267oz Au, with production impacted by access to additional ore as pit cutback activities progressed.”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.