News · Yahoo Finance

Allied Gold Reports Q3 2026 Results, Begins Production at the Kurmuk Mine and Delivers Strong Performance at the Côte D’Ivoire Complex

Allied Gold reported 91,195 ounces of gold produced in Q3 2026, up 5% year over year, at all-in sustaining costs (AISC) of $2,378 per ounce sold. The Kurmuk Mine has entered production and will ramp up through year-end, which the company expects to significantly lift output at low operating costs. Q3 net earnings were $29.1 million ($0.22 per basic share), adjusted EBITDA was $139.8 million, and cash and equivalents stood at $379.1 million as of September 30, 2026. The company is advancing a shareholder returns policy that includes a potential base dividend from 2027 and a proposed normal course issuer bid for up to 10% of its public float, subject to TSX approval. Combined output from Bonikro and Agbaou reached 48,904 ounces, up 9%, while CDI Complex gross profit excluding DDA rose to $110.9 million from $74.5 million a year earlier.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on Yahoo Finance ↗

Keywords

goldminingearningsdividendsAllied Gold

Open a keyword to see other news on the same topic.

Related tickers and likely impact

XAU/USD

• Neutral

Relevance: low

MarketGold
Close on 11/04/20264,060.57
Change that session+3.32%
XAU/USD price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Allied Gold begins wet commissioning at Kurmuk mine

    Allied Gold has begun wet commissioning at its Kurmuk Mine in Ethiopia and expects to introduce ore into the processing circuit this week, with first gold targeted soon after. The company targets 25,000–35,000 gold ounces over the November and December ramp-up period and expects to reach commercial production then, though both remain targets while testing continues. Ore stockpiles are approaching nearly three months of plant feed. For the first quarter of 2027, production is expected to rise monthly to 55,000–65,000 ounces, with 2027 guidance of 240,000–270,000 ounces and an outlook of around 300,000 ounces in 2028. Allied has also agreed with local artisanal miners to allow cooperative exploration in new prospective areas.

    Yahoo Finance·goldminingAllied Gold
  • Allied Gold Advances Wet Commissioning at Kurmuk as Plant Nears First Gold

    Allied Gold says its Kurmuk Mine in Ethiopia is nearing production startup. Water is flowing from the main storage dam into the processing plant for progressive wet commissioning, and the SAG and ball mill drives are energized. Ore feed is expected to enter the circuit this week, with first gold targeted soon after. Production is expected to rise through November and December to 25,000–35,000 gold ounces, with commercial production expected in this period, and Q1 2027 output is projected at 55,000–65,000 gold ounces. Guidance for 2027 remains 240,000–270,000 gold ounces, with about 300,000 ounces expected in 2028; Q3 2026 results are expected on November 4, 2026.

    Yahoo Finance·goldminingAllied Gold
  • Allied Gold’s 2027 Outlook: Why an Ethiopian Mine Ramping Toward 300,000 Ounces a Year Could Change Everything

    Allied Gold (AAUC) traded at $27.62 on October 23, 2026, up 13% over the past year, and carries a Superscore of 71 out of 100. Revenue grew 82% in fiscal 2025, record Q4 2025 production reached 117,004 ounces, and proven and probable reserves stood at 11 million ounces as of December 31, 2025. Zijin Gold agreed in January to buy the company for C$44 per share in cash, but the deal was terminated in July, after which Zijin invested roughly $295 million for a 9.2% stake. The Kurmuk mine in Ethiopia has connected to the power grid and crushed first ore in September, with guidance of 240,000 to 270,000 ounces in 2027 and roughly 300,000 in 2028. The article also flags geopolitical risks in Mali and Ethiopia and a $58 million net loss in Q1 2026.

    Yahoo Finance·goldminingAllied Gold
  • Buenaventura Mining Q3 Earnings Call Highlights

    Buenaventura Mining (NYSE: BVN) reported third-quarter 2026 revenue up 27% to $545 million, EBITDA from direct operations up 34% to $261 million, and net income up 50% to $268 million. Free cash flow reached $242 million, the company held about $1 billion in cash, and the board approved an interim dividend of $0.5508 per share or ADS. Copper output rose 7% to 13,600 metric tons on higher El Brocal throughput, while gold fell 6% and silver fell 21%, with costs higher due to a more selective mining method and the shift to an owner-operated fleet. San Gabriel's ramp-up is constrained by filtered-tailings drying and compaction capacity rather than the processing plant, and the company aims to reach nameplate capacity by the end of 2028, with annual gold output projected at 110,000–120,000 ounces.

    Yahoo Finance·miningearningsdividends
  • Gold Royalty Fell While It Turned A Profit

    Gold Royalty reported record Q1 2026 revenue of US$7.2 million and net income of US$1.8 million, along with a larger undrawn credit facility and a reaffirmed multi-year production outlook. In Q2 2026, revenue was US$6.7 million with net income of US$1.8 million, versus US$3.8 million in revenue and a US$0.8 million loss a year earlier, and net margin moved from a loss-making 21.7% to a positive 26.5%. Even so, the shares fell from US$4.04 at the start of the year to US$2.83, leaving investors who held since then down 30.6% including dividends. At the start of the year, the bullish view put fair value at US$6.03 and the bearish view at US$3.25, and the article says the key question is whether royalty cash flows can grow sustainably enough to outweigh dilution, acquisition costs and gold price swings.

    Yahoo Finance·goldminingearnings
  • Alkane Resources - Quarterly Report - September 2026

    Alkane Resources' quarterly report for the September 2026 quarter (Q1 FY27) shows gold-equivalent production of 40,740 AuEq oz at an AISC of $2,805/AuEq oz, with mine operating cash flow of $102 million and gold-equivalent sales of 38,348 oz generating $206 million in revenue at an average gold price of $5,128/oz. The company reaffirmed FY27 production guidance of 163-177koz gold equivalent at an AISC of $2,900-$3,200 per ounce. Cash, bullion and listed investments totalled $459 million after $13 million in income tax payments, with final FY26 income tax payments of $55-60 million expected in the December quarter. Alkane paid its maiden fully franked dividend of 2 cents per share and approved a $50 million buyback in September 2026. CEO Nic Earner said AISC came in below the full-year cost guidance range.

    saultstar.com·goldminingearnings

Related markets

Gold →

Latest news

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.