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Allied Gold CorpBullish
Allied Gold Corp has confirmed resource growth and mine life extension potential at its Kurmuk Mine in Ethiopia as it completes commissioning and begins operations. The company is expanding the Ashashire and Dish Mountain pits and identifying high-grade gold zones along the Tsenge Trend to support its production target of at least 240,000 ounces of gold per year, averaging 300,000 ounces annually in the first four years.…more
Allied Gold Corp
Allied Gold Corp has completed the grid connection for its Kurmuk Mine in Ethiopia and successfully fed the first ore into the crushing circuit, marking a key milestone toward commercial production. The company targets an average annual production of at least 240,000 ounces over a 15-year mine life, with a production guidance of 240,000 to 270,000 ounces for the first full year.…more
Allied Gold Corp
Helikon Investments Ltd has filed a SCHEDULE 13G/A regarding its beneficial ownership in Allied Gold Corp. This filing serves as an update to the major shareholder's equity position in the company.…more
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Allied Gold Begins Operations at Kurmuk Mine with Resource Growth Potential…more
Allied Gold has commenced operations at its Kurmuk Mine in Ethiopia while reporting successful exploration results that indicate potential for resource expansion. The company aims to extend mine life and sustain higher production levels by identifying additional high-grade ore zones.…more
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Allied Gold has successfully connected its Kurmuk mine in Ethiopia to the national power grid and initiated the crushing circuit with first ore. This milestone marks significant progress in the commissioning process as the company moves toward commercial production.…more
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Allied Gold has appointed mining finance expert Joanna Pearson as an independent director. This move aims to strengthen board expertise as the company transitions its Kurmuk mine toward production.…more
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