Allied Gold pours first gold at Kurmuk mine in Ethiopia
AAUC•Allied Gold poured first gold at its Kurmuk mine in Ethiopia. The mine targets 25,000 to 35,000 ounces in 2026 and 240,000 to 270,000 ounces in 2027, with commercial production expected by year-end 2026.
1. Production targets
Allied Gold poured first gold at its Kurmuk mine in Ethiopia, marking the start of what it describes as its lowest-cost operation. Commercial production is expected by year-end 2026, with nameplate capacity targeted for early 2027. Kurmuk targets 25,000 to 35,000 ounces in 2026, 240,000 to 270,000 ounces in 2027 and approximately 300,000 ounces in 2028.
2. Company outlook
Allied Gold expects consolidated production of 615,000 to 670,000 ounces in 2027, approximately 54% above the midpoint of its 2026 outlook.
