Allied Gold Corporation announced on November 9 that first gold was poured at its Kurmuk mine in Ethiopia, bringing a greenfield site into production as the company’s newest and lowest cost operation. The remaining power supply infrastructure completes this month, as does mobilisation of the full haulage fleet, and the company expects a significant ramp up to commercial production by the end of the year and nameplate capacity early in 2027. Recoveries are expected to rise progressively and reach design levels by early 2027.
Kurmuk is targeting production of 25,000 to 35,000 ounces in 2026, rising to 55,000 to 65,000 ounces in the first quarter of 2027, 240,000 to 270,000 ounces for full year 2027 and approximately 300,000 ounces in 2028. Ore stockpiles ahead of the November ramp up were close to the planned level of about three months of plant feed, the company reported during wet commissioning in late October, with mining grades in line with expectations.
Allied is a Canadian based emerging senior gold producer now operating four mines across Ivory Coast, Mali and Ethiopia. Kurmuk’s delivery matters beyond its ounces: it was built in a jurisdiction with little modern gold mining, and its ramp is the clearest test this year of whether that build converts into sustained, low cost production.