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Allied Gold advances wet commissioning at Kurmuk mine ahead of first gold
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Allied Gold advances wet commissioning at Kurmuk mine ahead of first gold
  • Allied Gold has begun wet commissioning at Ethiopia’s Kurmuk mine, targeting ore feed this week with first gold soon thereafter.
  • November-December 2026 production is expected at 25,000-35,000 gold ounces, with commercial production targeted during that period.
  • First-quarter 2027 output is forecast at 55,000-65,000 gold ounces, increasing sequentially month over month.
  • Full-year guidance remains 240,000-270,000 gold ounces, rising to approximately 300,000 ounces in 2028.
  • Average annual production is expected at approximately 300,000 gold ounces over the first four full years of operations.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allied Gold Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610290600PRIMZONEFULLFEED9855990) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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