Earnings ·
Allied Gold Corp reported preliminary second quarter 2026 operating results, producing 97,429 gold ounces and 193,445…
AAUCAllied Gold Corp
Allied Gold Corp reported preliminary second quarter 2026 operating results, producing 97,429 gold ounces and 193,445 ounces for the first half of the year. The company expects All-In Sustaining Costs (AISC) to be below $2,200 per ounce in Q2, supported by a realized spot price of approximately $4,380 per ounce. Cash balances stood at $190 million as of June 30, 2026. The Kurmuk Mine is on schedule for operations to start in August 2026, with production guidance raised to between 240,000 and 270,000 ounces in 2027. Additionally, mineral reserve updates extended the mine life at Agbaou to 2030 following a 60% increase in Proven and Probable Reserves. Management intends to purchase additional shares via open-market transactions. Allied Gold Corp is a Canadian-based gold producer operating assets in Côte d'Ivoire, Mali, and Ethiopia.