Allied Gold pours first gold at Kurmuk mine in Ethiopia - MiningMX

AI desk brief

Allied Gold has poured first gold at Ethiopia’s Kurmuk mine, targeting commercial production by year-end and full capacity early in 2027. The company forecasts Kurmuk output of 25,000–35,000 oz this year, 240,000–270,000 oz in 2027 and 300,000 oz in 2028. Remaining power infrastructure and the full haulage fleet are expected during November, while recoveries are expected to reach planned levels early next year. Allied forecasts group output rising from 400,000–435,000 oz this year to 615,000–670,000 oz in 2027; the ramp-up could strengthen its operating outlook, but the report establishes no material near-term bullion-price effect.