Allied Gold pours first gold at Ethiopia's Kurmuk mine
The Canadian miner now expects the western Ethiopian site to start commercial operations by the end of 2026.
Canadian miner Allied Gold Corporation announced on November 9, 2026, that it had poured the first gold at its Kurmuk Gold Mine in western Ethiopia. The milestone moves the site from a development project into an operating mine.
The company says Kurmuk is among the first large-scale mechanised mines in the country, and a key test of Ethiopia's plan to build a modern mining industry. The mine sits in the Benishangul-Gumuz region near the Sudanese border. Allied Gold holds 93 percent of the project, and its subsidiary signed a 20-year power purchase agreement with Ethiopian Electric Power in August 2024.
Allied Gold expects to finish final power installations in November 2026 and fully deploy its haulage fleet. Commercial production is targeted by the end of 2026. The mine is targeting 25,000 to 35,000 ounces of gold this year, rising to 240,000 to 270,000 ounces for 2027 and 300,000 ounces by 2028.
Why it mattersAllied Gold's Kurmuk mine is set to reach 240,000 to 270,000 ounces of gold in 2027, with power supplied under a 20-year agreement with Ethiopian Electric Power.