# PDI: September 2026 Quarter Production Update

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/pdi-september-2026-quarter-production-update--6a4c54a0-943a-4fd2-899f-5de67ddf29a4

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03148266

Publisher: asx

Original announcement: 2026-10-04T22:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-04T22:17:06.792Z

Atlas analysis updated: 2026-10-04T22:17:06.792Z

- 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

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas 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 factor: Kiniero throughput maintained above nameplate capacity

- Positive factor: Strong cash and bullion position of US$405M

- Positive factor: Consistent gold recoveries at Kiniero

- Negative factor: Nampala production impacted by pit cutback activities

Facts used in scoring: 2

## Classification and evidence

**Strong Production**

Polarity: positive

Story-specific tag

Definition: 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 Constraint**

Polarity: negative

Story-specific tag

Definition: 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 Tested**

Polarity: positive

Definition: 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 1

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-september-2026-quarter-production-update--6a4c54a0-943a-4fd2-899f-5de67ddf29a4#fact-metallurgical-facts-0)

Kiniero · gold

#### 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 factor: Throughput above nameplate capacity

- Positive factor: 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 2

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-september-2026-quarter-production-update--6a4c54a0-943a-4fd2-899f-5de67ddf29a4#fact-metallurgical-facts-1)

Nampala · gold

#### 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 factor: 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.