Allied Gold Extends Mine Life, Boosts Production, Advances Kurmuk Project
Allied Gold Corp provided an update on its mining assets, confirming commitment to the Zijin Gold Arrangement. The company announced significant progress across its operations, including extending the Bonikro mine life to 2036 and increasing its average annual production to over 120,000 gold ounces. The CDI Complex is now projected to produce 200,000 gold ounces per year for over 10 years, while the Kurmuk Gold Project has commenced pre-commissioning with first gold expected mid-2026. Operational optimizations and exploration efforts continue at Sadiola and other sites, reinforcing the company's growth strategy.
Key Highlights
- Bonikro mine life extended to 2036, supporting over 120,000 gold ounces/year.
- Bonikro production represents a 400% increase from 2023 Technical Report.
- CDI Complex target production increased to 200,000 gold ounces/year for 10+ years.
- Kurmuk Gold Project pre-commissioning underway; first gold expected mid-2026.
- Sadiola Mine Q2 gold production expected to be approximately 50,000 ounces.
- Studies underway to increase Bonikro processing capacity to 3.0–3.2 Mtpa.
- Agbaou Mineral Resources and Reserves expected to materially increase from 2025.
- Kurmuk project remains on schedule and on budget.
Price Impact
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