Ethiopia: Allied Gold Pours First Gold At Ethiopia's Kurmuk Mine, Targets Commercial Production By Year-End

What the report says

Canadian mining company Allied Gold has poured its first gold at the Kurmuk mine in Ethiopia’s Benishangul-Gumuz Regional State, according to Addis Standard, citing a report from Mining Technology. The milestone marks the project’s move into production and comes as the company works toward commercial output by the end of 2026. The report says Kurmuk is being positioned as Allied Gold’s newest and lowest-cost operation.

Allied Gold said some final work is still under way, including installation of remaining power infrastructure and the mobilisation of its full haulage fleet, both of which it expects to complete this month. The company is aiming to reach full designed capacity in early 2027, with recoveries expected to improve gradually through 2026. It projects initial production of 25,000 to 35,000 ounces this year, rising sharply in the next two years as operations expand.

The article describes Kurmuk as one of Ethiopia’s first large-scale mechanised mining projects and says Allied Gold credited Ethiopian and international teams, along with the Ethiopian government, for supporting development. The mine has also drawn investor attention: Addis Standard previously reported that Zijin Gold International took a 9.2% stake in Allied Gold for nearly $300 million, giving it exposure to the company’s portfolio, including Kurmuk. The development matters because it signals progress in a major mining project and reflects continued international interest in Ethiopia’s mineral sector.