PDI Gold Sales Up 37% as Revenue Reaches US$282.9M

PDI Gold (ASX:PDI)'s September quarter report shows lower gold poured but higher sales and revenue as bullion carried over from the June quarter was sold, with the company holding its 2026 guidance and advancing Bankan pre-development.

All figures are unaudited and in US dollars. The Group poured 52,865oz Au, down 17% from 64,026oz, with Kiniéro pouring 45,599oz and Nampala 7,266oz. PDI says Kiniéro production was in line with mine assumptions, with seasonal wet conditions also a factor, while Nampala continued cutback activities. Gold sales rose 37% to 66,928oz and revenue rose 30% to US$282.9M, at a realised price of US$4,227/oz, down 5%. AISC was US$1,390/oz against US$1,408/oz, with Kiniéro at US$1,246/oz and Nampala at US$2,914/oz. Cash margin from operations was US$176M. Cash and bullion was US$405M at 30 September 2026, including US$39.5M of bullion and US$81.5M of restricted cash. A Nampala shipment of 2,712oz Au was deferred into early October. At Bankan, detailed engineering is 20% complete and mechanical equipment procurement is substantially complete.

PDI says it remains on track for 2026 guidance of 198,000-220,000oz Au. The release describes AISC as flat while showing a 1% decrease, and Bankan project execution has not yet commenced.