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Allied Gold Corp T.AAUC.DB.U


Primary Symbol: T.AAUC Alternate Symbol(s):  AAUCF

Allied Gold Corporation is a gold producer. It operates a portfolio of three producing assets and development projects located in Cote d'Ivoire, Mali, and Ethiopia. Its portfolio includes Sadiola Mine, Cote d’Ivoire Complex, and Kurmuk Project. The Sadiola Mine is an open pit gold mine, located in the Kayes region of Mali, and the Diba open pit gold mine, 15 kilometers (km) south of the processing plant at Sadiola. The CDI complex includes the Agbaou and Bonikro mills, located only 20 km from each other, along with several open pit deposits located in the highly prospective Birimian gold belt. Its Agbaou and Bonikro Mine is an open pit gold mine, located in the Oume region of Cote d’Ivoire. The Kurmuk Project is an advanced stage development project in the Benishangul-Gumuz region of Ethiopia. The project design encompasses the Dish Mountain and Ashashire deposits, with numerous exploration targets across the Kurmuk Project’s expansive 1,450 square kilometers exploration territory.


TSX:AAUC - Post by User

Post by Betteryear2on Aug 08, 2024 6:32pm
141 Views
Post# 36170374

ALLIED GOLD ANNOUNCES SECOND QUARTER 2024 RESULTS

ALLIED GOLD ANNOUNCES SECOND QUARTER 2024 RESULTSTORONTOAug. 8, 2024 /CNW/ - Allied Gold Corporation (TSX: AAUC) ("Allied" or the "Company") is herein reporting its financial and operational results for the second quarter of 2024. During the quarter, the Company produced 88,135 gold ounces ("oz") and sold 84,611 oz at total cost of sales, cash costs(1) and all-in sustaining costs ("AISC")(1) per oz sold of $1,547$1,355, and $1,498, respectively. Importantly, Allied continues to deliver on its sustainable production base at sequentially lower costs, and has made significant investments during the quarter to meet both its current guidance and industry-leading growth plans, including:

ALLIED GOLD ANNOUNCES SECOND QUARTER 2024 RESULTS: SETTING THE STAGE FOR A STRONG SECOND HALF WITH CRITICAL INVESTMENTS TO SUSTAIN PRODUCTION AND REALIZE UNPARALLELED GROWTH POTENTIAL (newswire.ca)
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