Allied Gold targets higher production in 2025
Africa-focused Allied Gold has set its 2025 production guidance at between 375 000 oz and 400 000 oz, forecasting meaningful growth for the year ahead.
The Toronto-listed miner produced 358 090 oz of gold in 2024 at an all-in sustaining cost of $1 708/oz.
At its Sadiola operation, output increased by 54 210 oz, driven by a full quarter of production from Korali-Sud oxide ore, which yielded 45 056 oz. The company has previously indicated that Korali-Sud is an interim step pending the completion of the first phase of expansion at Sadiola, which aims to achieve a consistent production rate of 200 000 oz/y to 230 000 oz/y.
At the Côte d'Ivoire complex, total production reached 45 422 oz, maintaining the strong performance of the third quarter. The Agbaou operation contributed significantly, producing 25 163 oz during the fourth quarter.
Achieving the upper end of the 2025 guidance will depend on increasing oxide ore feed at Agbaou from the Hiré area, with studies currently under way to assess this opportunity.
Production in 2025 is expected to be back-half weighted, with a first-half/second-half split 45%:55%. Owing to mine sequencing, first-quarter production is forecast to be in line with the comparable period in 2024. However, output is expected to increase significantly in the fourth quarter, driven by improved feed grades from stripping and sequencing at Bonikro and the ramp-up of Sadiola’s first phase expansion. Allied expects fourth-quarter production to be 56% higher than in the first quarter of 2025.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation