Research analysts covering Allied Gold.
Recent press releases and 8-K filings for AAUC.
Allied Gold Commences Sadiola Phase 1 Ore Processing and Updates Q4 Production
AAUC
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- Allied Gold has commenced ore processing through the fresh ore comminution circuit for its Sadiola Phase 1 expansion as of December 21, 2025, a move aimed at increasing production, reducing costs, and materially increasing cash flows.
- The Phase 1 expansion is expected to allow Sadiola to increase the proportion of fresh ore in the feed to up to 60% at an expected throughput of 5.7 Mt per annum, with Q1 2026 anticipated to be the first full quarter benefiting from higher-grade fresh ore.
- Following the Phase 1 completion, Sadiola's annual production is projected to be 200,000 to 230,000 gold ounces starting in 2026, representing a 17% to almost 30% increase over 2023 production.
- For the current quarter (Q4 2025), Sadiola is expected to produce approximately 60,000 gold ounces, contributing to an overall company production exceeding 113,000 gold ounces.
- Allied Gold maintains its full-year 2025 guidance of over 375,000 gold ounces.
1 day ago
Allied Gold Reports Significant Exploration Advancements at Kurmuk
AAUC
New Projects/Investments
Guidance Update
- Allied Gold Corporation's Kurmuk mine in western Ethiopia is targeting average gold production of approximately 290,000 ounces per annum over the first four years and 240,000 ounces per annum at All-In Sustaining Costs (AISC) below $950 per ounce, with operations expected to commence in mid-2026.
- The Kurmuk mine currently has initial Proven and Probable Mineral Reserves of 2.7 million ounces and Measured and Indicated Mineral Resources of 3.1 million ounces within the Ashashire and Dish Mountain deposits.
- The company's five-year exploration goal for Kurmuk is to reach 5 million ounces of Mineral Resources, aiming to add over 1.5 million ounces of new Mineral Resources to the current inventory.
- Since mid-2024, 193 holes totalling 39,064 meters of drilling have been completed, focusing on infill drilling and exploring new targets, with significant gold mineralization intersected at Dish Mountain, Tsenge, Ashashire, and Urchin. An update to Mineral Resources and Mineral Reserves is expected in early 2026.
Nov 28, 2025, 1:51 PM
Allied Gold Reports Strong Q3 2025 Results and Positive Outlook
AAUC
Earnings
Guidance Update
New Projects/Investments
- Allied Gold reported Q3 2025 production of just over 87,000 ounces, with adjusted EBITDA of just under $110 million and adjusted net earnings of $0.29 per share.
- All-in sustaining costs (AISC) for Q3 were $2,092 per ounce, representing an 11% improvement quarter-over-quarter.
- The company anticipates a strong Q4, projecting Sadiola and Bonaco production to be up to 40% higher than Q3, supporting a full-year 2025 production guidance of greater than 375,000 ounces.
- The Sadiola Phase 1 expansion is on schedule for completion in December, and the Kermuk development remains on track for first gold by mid-2026.
Nov 6, 2025, 2:00 PM
Allied Gold Reports Solid Q3 2025 Results and Progress on Growth Projects
AAUC
Earnings
Guidance Update
New Projects/Investments
- Allied Gold Corporation reported gold production of 87,020 ounces and sales of 92,099 ounces in Q3 2025, with All-in Sustaining Costs (AISC) of $2,092 per ounce, showing a material improvement from the previous period.
- The company recorded a net loss of $17.9 million or $(0.15) per share, but adjusted earnings of $33.3 million or $0.29 per share for Q3 2025. Net cash generated from operating activities for the quarter was $181.5 million.
- Allied Gold expects Q4 2025 production to be the highest of the year, contributing to an annual production forecast above 375,000 gold ounces, in line with its guidance of 375,000 to 400,000 ounces per annum.
- The Kurmuk Project is on track for first gold in mid-2026, targeting an average production of 290,000 ounces per year for the first four years with AISC below $950 per ounce. The Sadiola Phase 1 expansion is expected to be operational late in Q4 2025.
- As of September 30, 2025, the company had cash and cash equivalents of $262.3 million, further bolstered by $134.0 million in net proceeds from an equity offering completed subsequent to quarter end.
Nov 5, 2025, 10:59 PM
Allied Gold Reports Q3 2025 Financial and Operational Results
AAUC
Earnings
New Projects/Investments
Guidance Update
- Allied Gold reported revenue of $305.6 million for the three months ended September 30, 2025, a significant increase from $188.9 million in the prior year period.
- For Q3 2025, the company recorded a net loss attributable to shareholders of $17.9 million, or $(0.15) per share, but reported Adjusted Net Earnings of $33.3 million, or $0.29 per share.
- The company's liquidity position as of September 30, 2025, included cash and cash equivalents of $262.3 million , further enhanced by net proceeds of approximately $134.0 million from an equity offering completed subsequent to quarter-end.
- Operational highlights for Q3 2025 include gold production of 87,020 ounces and gold sales of 92,099 ounces, with an All-in Sustaining Cost (AISC) of $2,092 per gold ounce sold.
- The Kurmuk Project is expected to achieve first gold by mid-2026, targeting an average processing capacity of up to 6.4 Mt/y and projected average production of 290,000 ounces per year for the first four years with AISC below $950 per ounce. The Sadiola Gold Mine's Phase 1 expansion is also expected to be operational late in Q4 2025.
Nov 5, 2025, 10:05 PM
Allied Gold Reports Sadiola Exploration Results and Production Targets
AAUC
New Projects/Investments
Guidance Update
- Allied Gold Corporation announced that Phase 1 of the Sadiola Mine expansion is expected to be completed in Q4 2025, with the mine projected to produce up to 400,000 gold ounces per year at substantially lower costs over the longer term.
- The company's five-year exploration goal for Sadiola is to add over 3.5 million ounces of new Mineral Resources, aiming for a total of over 14 million ounces, with current end of year 2024 Reserves at approximately 7 million ounces.
- The Phase 2 Expansion, targeted for late 2028, is expected to increase production to an average of 400,000 ounces per year for the first four years and reduce All-in Sustaining Costs (AISC) to below $1,200 per gold ounce.
- Since January 1, 2025, exploration drilling at Sadiola has comprised 700 holes totaling 60,496 meters, leading to significant new discoveries and extensions across multiple zones including Sekekoto West/S12, Tambali, FE2 Trend, and FE3/4 Trend.
Oct 29, 2025, 11:39 AM
Allied Gold Corp Closes C$175 Million Equity Offering
AAUC
New Projects/Investments
- Allied Gold Corp closed an overnight marketed public offering of common shares on October 24, 2025.
- The company issued 6,400,000 common shares at a price of C$27.35 per share, resulting in gross proceeds of C$175,040,000.
- The net proceeds are intended to fund optimization and growth initiatives, including infrastructure development at Sadiola, plant modification at Kurmuk, and transitioning to owner mining at one or more operations.
Oct 24, 2025, 12:58 PM
Allied Gold announces pricing of overnight marketed equity offering
AAUC
New Projects/Investments
- Allied Gold Corporation announced the pricing of an overnight marketed underwritten offering of 6,400,000 common shares at C$27.35 per share, aiming for aggregate gross proceeds of approximately C$175,000,000.
- The offering includes an over-allotment option for underwriters to purchase up to an additional 15% of the shares.
- The closing of the offering is anticipated on or about October 24, 2025.
- Net proceeds will be used to fund optimization and growth initiatives, including accelerating development at Sadiola, modifying the Kurmuk plant, transitioning to owner mining, and for general corporate purposes.
Oct 16, 2025, 2:07 PM
Allied Gold Corporation Announces Overnight Marketed Offering
AAUC
New Projects/Investments
- Allied Gold Corporation announced an overnight marketed offering of its common shares.
- The company intends to use the net proceeds to fund optimization and growth initiatives at its Sadiola and Kurmuk operations, begin the transition to owner mining, and for general corporate purposes.
- The offering includes an over-allotment option for underwriters to purchase up to an additional 15% of the shares sold.
- The closing of the offering is anticipated on or about October 24, 2025, pending necessary regulatory approvals.
Oct 15, 2025, 11:41 PM
Allied Gold Announces Preliminary Third Quarter 2025 Operating Results
AAUC
Earnings
Guidance Update
New Projects/Investments
- Allied Gold produced over 87,000 ounces of gold and sold over 92,000 ounces of gold in the third quarter ending September 30, 2025.
- All-in Sustaining Costs (AISC) for Q3 2025 are expected to be approximately $2,100 per ounce, a 10% material improvement compared to the second quarter.
- As of September 30, 2025, the company's cash balances are expected to exceed $260 million.
- The company is on track to achieve its 2025 annual production guidance of above 375,000 gold ounces, with the Phase 1 expansion at Sadiola and the Kurmuk project construction progressing well.
Oct 15, 2025, 11:00 AM
Quarterly earnings call transcripts for Allied Gold.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more