◆ NeutralAAUC

Allied Gold Announces First Gold at Kurmuk Mine

GlobeNewswire Inc.·
Allied Gold Announces First Gold at Kurmuk Mine

Allied Gold Corporation announced first gold pour at its Kurmuk Mine in Ethiopia, marking a significant milestone for the company's newest and lowest-cost producing operation. The company expects to reach commercial production by end of 2026 and nameplate capacity in early 2027, with production targets of 25,000-35,000 ounces in 2026, ramping to 240,000-270,000 ounces in 2027. Consolidated production is projected to reach 615,000-670,000 gold ounces in 2027, representing approximately 54% growth over 2026 guidance.

Read Full Article at GlobeNewswire Inc. →
← Back to Financial Intelligence