Allied Gold Reports Progress at the Kurmuk Mine in Ethiopia
MT newswire2026/09/17 21:23Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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05:23 PM EDT, 09/17/2026 (MT Newswires) -- Allied Gold (AAUC.TO) after trade Thursday provided a progress update on its Kurmuk Mine in Ethiopia. The company said the mine is nearing the end of commissioning and moving toward full operations. Once operational, Kurmuk is expected to become one of Allied Gold's major gold mines. A major milestone has been reached with the mine now connected to Ethiopia's national electricity grid via an 88-kilometer-long power line, the company added. First ore has also been fed into the processing facility's crushing circuit. Mining is progressing as planned, and ore stockpiles are building to support the ramp-up toward commercial production, the company said.
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