Other Events ·
Allied Gold targets first gold at Kurmuk this week, expects 25k-35k oz in Nov-Dec
AAUCAllied Gold Corp
Allied Gold advances wet commissioning at its Kurmuk Mine in Ethiopia as the facility nears production startup. Ore stockpiles are close to the planned three-month level ahead of a November ramp-up, with ore feed expected this week and first gold targeted soon thereafter. The company anticipates total production of 25,000 to 35,000 gold ounces during the November-December period as commercial production begins. First-quarter 2027 quarterly production is projected at 55,000 to 65,000 ounces, while full-year 2027 guidance remains 240,000 to 270,000 ounces. Allied Gold operates a portfolio of gold mining assets in Africa.