Allied Gold Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Peter J. Marrone
- Full Time Employees
- 2,095
- Sector
- Basic Materials
- Industry
- Gold
- Address
- North Tower, Royal Bank Plaza Toronto ON Canada M5J 2J3
- IPO Date
- Aug 15, 2024
- CIK
- 0001993344
- Website
- alliedgold.com
- Similar Companies
- Business
- Allied Gold Corporation Allied Gold Corporation (TSX: AAUC, NYSE: AAUC) is a Toronto-based international gold mining company founded in 2011 that explores for, develops, and produces gold and silver ores through a diversified portfolio of producing assets and development projects in Africa, including the flagship Sadiola open-pit gold mine in Mali; the Bonikro, Hiré, and Agbaou gold mines in Côte d’Ivoire; and the Kurmuk gold development project in Ethiopia. The company operates across mining, processing, and exploration activities, with a focus on open-pit operations, ore processing utilizing grinding media, reagents, chemicals, and power generation, as well as related services such as drilling, construction, transportation, and logistics supplied through strategic vendor partnerships. Geographically, Allied Gold maintains operations in mining-supportive jurisdictions including Mali, Côte d’Ivoire, and Ethiopia, targeting institutional investors and producing approximately 375,000 ounces of gold annually with ambitions to expand output through optimizations at existing sites. Recent developments include a February 2025 strategic partnership with UAE-based Ambrosia Investment Holding involving a private placement, the sale of 50% of its indirect interest in the Sadiola mine operator for over US$500 million in aggregate proceeds to bolster its balance sheet and fund growth; the award of mining contracts to Mota-Engil Group in November 2024 for the Kurmuk project commencing mid-2025 alongside consolidation of operations at its Mali and Côte d’Ivoire mines under one contractor to enhance efficiency; ongoing advancement of Kurmuk toward first production by mid-2026 with average annual output of 290,000 ounces over the first five years at all-in sustaining costs below $950 per ounce; management appointments such as Johannes Stoltz as Chief Operating Officer; and capital expenditures exceeding US$187 million into Kurmuk through late 2025, alongside plans for renewable power at Sadiola and internalization of select mining operations.
Company News
Allied Gold: High Risk, Heavy NAV Discount, Short Timeline To Production Jump
Allied Gold Reports Resource Growth and Mine Life Extension Potential from Exploration Program as the Kurmuk Mine Completes Commissioning and Begins Operations
Allied Gold Energizes Power Line, Feeds First Ore to the Crushing Circuit as the Kurmuk Mine Progresses Toward Completion of Commissioning and Transitions to Operations
Allied Gold Announces Addition of Joanna Pearson to Board of Directors
Allied Gold Announces Voting Results From Annual Meeting of Shareholders
Allied Gold Q2 Earnings Call Highlights
Allied Gold Shareholders Approve Board, Auditor as Kurmuk Nears Production
Allied Gold Reports Q2 2026 Results, Nears Kurmuk Start-Up and Strengthens Financial Position
Amundi Has $17.20 Million Stock Position in Allied Gold Corporation $AAUC
Allied Gold: Overdone Sell-Off After The Zijin Takeover Termination
Allied Gold: A Deal The Market Has Wrongly Written Off
New Strong Sell Stocks for July 21st
Allied Gold Provides Update on Continued Value Creation Across Its Portfolio in Parallel with Normal Course Progress with Zijin Gold Arrangement
Allied Gold Advances Receipt of Regulatory Approvals and Clearances in Connection with the Proposed Arrangement with Zijin Gold International and Extends the Outside Date to July 29, 2026
Yakira Capital Loads Up on Shares of This Gold Stock
This Gold Stock Is Up 140%. One Investor Has Made It a 15% Portfolio Holding
Allied Gold Reports Q1 2026 Results, Advances Growth Strategy and Progresses Transaction With Zijin Gold
Copper prices are now at their highest level on record. AI is only part of the story.
Allied Gold Confirms Normal Course Conduct of Business and Provides Update on Ongoing Approvals Process Relating to Zijin Gold Transaction
CIBRA Capital Buys Stake in Allied Gold Stock