Allied Gold advances wet commissioning at Kurmuk mine ahead of first gold
AAUC•Allied Gold has begun wet commissioning at Ethiopia’s Kurmuk mine and is targeting ore feed this week, with first gold soon thereafter. It expects 25,000-35,000 ounces in November-December 2026 and maintains full-year guidance of 240,000-270,000 ounces.
1. Commissioning underway
Allied Gold has begun wet commissioning at its Kurmuk mine in Ethiopia and is targeting ore feed this week, with first gold expected soon thereafter. The company expects production of 25,000-35,000 gold ounces in November-December 2026, with commercial production targeted during that period.
2. Production outlook
First-quarter 2027 output is forecast at 55,000-65,000 ounces, increasing month over month. Full-year guidance remains 240,000-270,000 ounces, rising to approximately 300,000 ounces in 2028; average annual production is expected to be approximately 300,000 ounces over the first four full years of operations.
