Predictive Discovery lifts June-quarter gold output 33% to 64,026 oz as cash and bullion holdings rise to US$364.3 million
AI Market Summary
Predictive Discovery reported a strong June-quarter operational beat, with gold production up 33% QoQ and cash/bullion holdings rising 31%, supporting its 2026 output and AISC guidance. The update signals improved execution at its West African assets and progress on the Bankan project, while Guinea's new local-refining requirement caused only brief export disruption. Market impact is mainly idiosyncratic rather than macro for gold.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT+0.85%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
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Predictive Discovery (PDI) reported June-quarter gold production of 64,026 ounces, up 33% from the March quarter, supported by a ramp-up at the Kiniéro mine in Guinea. Revenue rose 8% quarter-on-quarter to US$217.3 million, while operating cash margin was US$112 million. Cash and bullion holdings increased 31% to US$364.3 million. The company reiterated 2026 guidance for 198,000–220,000 ounces of gold at a group AISC of US$1,300–1,500/oz.
