Allied Gold Nears Production Start

Published: 26 Jan, 2026 10:02 Sources: S1 S2 Category: Business Language: English Country: Ethiopia

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Shares of Allied Gold have nearly quadrupled over the past year as the company prepares to start gold production at its Kurmuk project in western Ethiopia. CEO Peter Marrone said the company will begin commissioning in April, with full production expected in the third quarter of 2026. Allied Gold plans to expand Kurmuk’s resources to five million ounces while maintaining annual output of about 290,000 ounces.