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ASX:PDI

14 stories mentioning ASX:PDIUpdated 19h ago

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Asia

Predictive Discovery Posts Higher Gold Production, Sales in June Quarter

Predictive Discovery (ASX:PDI) reported gold production of 64,026 ounces in the June quarter, at an all-in sustaining cost (AISC) of $1,408 per ounce, according to a Thursday filing with the Australian bourse.Gold sales for the quarter were 48,924 ounces at an average realized price of $4,441 per ounce.The company began commercial production at the Kiniero Gold Mine in February, producing 48,178 ounces of gold in the March quarter at an AISC of $1,192 per ounce and selling 41,799 ounces at an average realized sales price of $4,806 per ounce.The company remains on track to achieve its 2026 production guidance of 198,000 to 220,000 ounces of gold, with AISC guidance set at $1,300 to $1,500 per ounce, comprising $1,100 to $1,300 per ounce at the Kiniero project and $2,000 to $2,200 per ounce at the Nampala project.

ASX:PDI
Asia

Predictive Discovery Completes $10 Million Investment in Gold Exploration Firm

Predictive Discovery (ASX:PDI) completed the $10 million strategic investment in Awalé Resources, a West African-focused gold exploration firm, according to a Wednesday filing with the Australian bourse.The investment brings the company's shareholding in Awalé to 11.8%, the filing said.

ASX:PDI
Asia

Predictive Discovery Plans to Change Name to 'PDI Gold,' Consolidate Capital

Predictive Discovery (ASX:PDI) plans to change its name to "PDI Gold" and consolidate its capital, according to a Tuesday Australian bourse filing.The firm's Australian Securities Exchange and Toronto Stock Exchange ticker code "PDI" will remain unchanged, the filing said.It will seek shareholder approval for the changes at a general meeting of shareholders scheduled for Aug. 21.It plans to consolidate its issued capital through the conversion of every five existing shares into one share. All securities in the firm, including shares, options, warrants, DSUs, and performance rights, will be consolidated on the same basis.

ASX:PDI
Asia

Predictive Discovery to Make $10 Million Investment in West African-Focused Exploration Firm

Predictive Discovery (ASX:PDI) is set to make a $10 million investment in West African-focused exploration firm Awalé Resources for a strategic shareholding of about 12.3%, according to a Wednesday filing with the Australian bourse.The company agreed to subscribe for 16.6 million common shares of Awalé at CA$0.85 apiece for a total investment of roughly CA$14.2 million, or around $10 million, the filing said.The strategic investment is expected to close later this month, subject to the satisfaction of certain conditions, per the filing.

ASX:PDI
Asia

Predictive Discovery Delivered 'Outstanding' June Quarter Production With Improved Gold Recoveries, Euroz Hartleys Says

Predictive Discovery (ASX:PDI) reported "outstanding" June quarter production results, with its Kiniero gold mine in Guinea sustaining plant throughput roughly 50% higher than its nameplate capacity, Euroz Hartleys said in a Wednesday note.Kiniero also produced an "impressive" 54,252 ounces of gold in the June quarter, up 42% from the linked period and 27% higher than Euroz Hartleys' forecast, it said.The company's gold recoveries improved to 90.5%, reflecting continued process optimization and strong plant performance, while mining operations supported sustained high throughput and consistent processing results, the investment firm said.Cash and bullion increased by AU$122 million quarter over quarter for a "very healthy" AU$530 million position at the end of June, providing Predictive Discovery with "significant financial flexibility" to pursue its growth strategy, Euroz Hartleys said.The equity research firm maintained its buy recommendation on Predictive Discovery while raising its price target to AU$1.35 per share from AU$1.28.The company's shares fell 1% in recent Thursday trade.

ASX:PDI
Asia Markets

ASX Preview: Australian Shares to Fall on Rising Iran-US Tensions; Ramelius Resources Posts Lower June Quarter Gold Production

Australian shares are poised to fall on Wednesday after oil prices surged following escalating tensions in the Middle East, with Iran attacking three commercial vessels in the Strait of Hormuz and the US revoking a license allowing the sale of Iranian crude before launching further strikes against Tehran.Overnight, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average fell 0.5%, 1.2%, and 0.3%, respectively.In the macroeconomy, Australia's building approvals and building activity reports are due at 11:30 am Sydney time.In corporate news, Ramelius Resources (ASX:RMS) said June quarter gold production was 53,466 ounces, with fiscal 2026 production of 192,182 ounces within its guidance range of 185,000 to 205,000 ounces.Predictive Discovery (ASX:PDI) said its Kiniero gold mine in Guinea milled 2.2 million tonnes of ore in the June quarter at an average of 0.86 grams per tonne grade of gold to pour 54,252 ounces of gold.Australia's benchmark index fell 0.3% or 27.1 points to close at 8,803.90 on Tuesday.

ASX 200ASX:PDIASX:RMS
Asia

Predictive Discovery's Guinea-Based Kiniero Mine Outperforming Plan, Says Euroz Hartleys

Predictive Discovery's (ASX:PDI) Kiniero mine is ramping up gold production strongly, with mining and processing exceeding expectations, Euroz Hartleys said in a note on Monday, following a visit to the Guinea-based site.The investment firm said improvements in plant performance since production began in December are underpinning higher output, better cost visibility, and a growing free cash flow profile.Bankan mine remains a key driver of Predictive Discovery's Guinea portfolio, but progress depends on final Presidential license approval.Predictive Discovery is moving toward becoming a diversified mid-tier gold producer, with Kiniero building operational and funding capacity in the near term, while Bankan is expected to expand future output and support its target of producing more than 400,000 ounces per year.Euroz Hartleys upgraded the stock to buy from speculative buy and raised its price target to AU$1.28 from AU$1.12.

ASX:PDI
Asia

ASX Biggest Losers

Here are the ASX-listed companies with the biggest losses on Wednesday.Predictive Discovery (ASX:PDI): -8%, AU$0.86Beach Energy (ASX:BPT): -7%, AU$0.87Orezone Gold (ASX:ORE): -6%, AU$2.28Ora Banda Mining (ASX:OBM): -5%, AU$1.17Alkane Resources (ASX:ALK): -5%, AU$1.52Arafura Rare Earths (ASX:ARU): -5%, AU$0.25Resolute Mining (ASX:RSG): -5%, AU$1.03Genesis Minerals (ASX:GMD): -4%, AU$5.57Catalyst Metals (ASX:CYL): -4%, AU$5.48Capricorn Metals (ASX:CMM): -4%, AU$12.76

ASX 200ASX:ALKASX:ARUASX:BPTASX:CMMASX:CYLASX:GMDASX:OBMASX:OREASX:PDIASX:RSG
Asia

ASX Most Active Stocks

Here are the five most actively traded big-cap stocks on the Australian Securities Exchange on Tuesday.Arafura Rare Earths (ASX:ARU): 41.2 million sharesPredictive Discovery (ASX:PDI): 37.4 million sharesTabcorp Holdings (ASX:TAH): 13.8 million sharesTelstra Group (ASX:TLS): 8.9 million sharesLindian Resources (ASX:LIN): 7.7 million shares

ASX 200ASX:ARUASX:LINASX:PDIASX:TAHASX:TLS
Asia

ASX Most Active Stocks

Here are the five most actively traded big-cap stocks on the Australian Securities Exchange on Friday.Arafura Rare Earths (ASX:ARU): 80.5 million sharesPredictive Discovery (ASX:PDI): 11.8 million sharesTelstra Group (ASX:TLS): 9.2 million sharesSantos (ASX:STO): 8.2 million sharesSigma Healthcare (ASX:SIG): 7.2 million shares

ASX 200ASX:ARUASX:PDIASX:SIGASX:STOASX:TLS
Asia

ASX Most Active Stocks

Here are the five most actively traded big-cap stocks on the Australian Securities Exchange on Monday.Energy Resources of Australia (ASX:ERA): 28.5 million sharesCore Lithium (ASX:CXO): 19.2 million sharesArafura Rare Earths (ASX:ARU): 10.9 million sharesEQ Resources (ASX:EQR): 9.4 million sharesPredictive Discovery (ASX:PDI): 4.6 million shares

ASX 200ASX:ARUASX:CXOASX:EQRASX:ERAASX:PDI
Asia

Predictive Discovery Posts Higher Gold Production in March Quarter; Shares Up 4%

Predictive Discovery (ASX:PDI) reported gold production of 48,178 ounces in the three months ended March 31, up 308% from 11,818 ounces in the December 2025 quarter, according to a Tuesday filing with the Australian bourse.There was no substantive mining production during the March 2025 quarter, an earlier filing showed.Gold sales totaled 41,799 ounces in the March quarter, an increase of 271% compared with 11,272 ounces in the previous quarter, with the average realized gold price also rising 13% to $4,806 per ounce, up from $4,235 per ounce, the filing said.Production guidance for the year is set between 198,000 and 220,000 ounces of gold, with cost production guidance expected in the June quarter, per the filing.Shares rose 4% in morning trade on Tuesday.

ASX:PDI
Asia

Predictive Discovery Says BlackRock Increases Stake

Predictive Discovery (ASX:PDI) said BlackRock Group and its subsidiaries have increased their stake in the company on Wednesday to 15.31% or 404.8 million shares from 13.65% or 359.9 million shares, according to a Friday Australian bourse filing.

ASX:PDI
Asia

Predictive Discovery Completes Merger With Robex Resources

Predictive Discovery (ASX:PDI) said it has completed its merger with Robex Resources, with the combined company targeting production of more than 400,000 ounces of gold per year by 2029, according to a Friday Australian bourse filing.The company said the merger became effective on April 15, with Predictive acquiring all issued and outstanding common shares of Robex through its unit 9548-5991 Quebec by way of a statutory plan of arrangement.Predictive Discovery said it issued about 2.17 billion shares as consideration to former holders of Robex shares and Robex chess depository interests, representing about AU$2.02 billion in aggregate, at AU$7.31 per share based on the closing price of AU$0.93 on April 15.The company said PDI shares issued to former Robex holders are expected to commence trading on the Toronto Stock Exchange on April 20, and on the ASX on April 22, with Robex shares delisted from the TSX Venture Exchange on or about April 17, and Robex chess depository interests delisted from the ASX on April 15.

ASX:PDI

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