Business UpdateJun 11, 2026, 06:41 AM
Allied Gold extends Bonikro mine life to 2036; CDI output to 200K oz/yr
AI Summary
Allied Gold Corp provided an operational update, highlighting significant progress across its mining assets. The integrated production plan for the Côte d’Ivoire (CDI) Complex extends Bonikro's mine life to 2036, projecting average production of over 120,000 gold ounces per year, a 400% increase from the 2023 Technical Report. Overall, the CDI Complex is now projected to produce approximately 200,000 gold ounces per year for at least ten years. Additionally, the Kurmuk Gold Project in Ethiopia is on schedule and budget, with pre-commissioning underway and first gold expected by mid-2026, while the Sadiola Mine in Mali remains on track to meet its Q2 production guidance of approximately 50,000 ounces.
Key Highlights
- Bonikro mine life extended to 2036 based on 2025 Proven and Probable Mineral Reserves.
- Bonikro average production projected to exceed 120,000 gold ounces per year, a 400% increase.
- CDI Complex consolidated production projected to increase to 200,000 gold ounces per year for 10+ years.
- CDI Complex Mineral Reserves increased to approximately 1.55 million ounces of gold as of year-end 2025.
- Studies are underway to increase Bonikro processing capacity to 3.0–3.2 Mtpa.
- Kurmuk Gold Project pre-commissioning activities are underway; first gold expected mid-2026.
- Sadiola Mine Q2 gold production expected to be approximately 50,000 ounces, on track for guidance.
Price Impact
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