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