Reported 29 October 2026. Thumbnail: editorial illustration.
Key Takeaways:
• 25,000–35,000 ounces are forecast for Kurmuk during November–December, when Allied Gold expects commercial production.
• Allied Gold has begun wet commissioning; the crusher operates and mill testing approaches completion.
• Three months of plant feed is the approximate stockpile target, with inventories nearing that level.
• Ethiopia’s Kurmuk infrastructure, including access roads, water storage and tailings facilities, is complete, according to Allied.
• 240,000–270,000 ounces remains the company’s 2027 production guidance.
• Local stakeholders, including artisanal miners, agreed to cooperate on exploration access.
• Reliable power, equipment availability and successful commissioning remain conditions for achieving the production outlook.
Market Impact:
Kurmuk is moving from construction toward production. Allied positions the mine as a contributor to production and cash-flow growth.
First gold remains a target. Plant performance and reliable utilities determine whether the announced ramp-up becomes sustained output.
Key Numbers:
• 25,000–35,000 ounces — November–December forecast — startup scale.
• 55,000–65,000 ounces — Q1 2027 forecast — ramp-up benchmark.
• 240,000–270,000 ounces — 2027 guidance — annual production target.
Business Signal:
Commissioning performance now determines Kurmuk’s conversion from completed infrastructure into producing capacity.