Allied Gold Delivers Steady Q3 Results, Poised for Strong Year-End Surge

Allied Gold Corporation has reported a solid set of results for the third quarter of 2025, producing 87,020 ounces of gold and selling 92,099 ounces, consistent with its operational targets. The company’s steady performance reflects disciplined execution and efficient cost management across its mining portfolio in Mali and Côte d’Ivoire, setting the stage for what is expected to be its strongest quarter of the year. With multiple expansion projects nearing completion and improvements in mine sequencing, Allied is well positioned for a significant year-end production surge.

A key highlight of the quarter was the reduction in All-in Sustaining Costs (AISC) to $2,092 per ounce, representing a notable improvement from previous reporting periods. This cost efficiency stems from operational upgrades, enhanced grade control, and better fleet utilization across its West African mines. The company’s fourth-quarter outlook is particularly strong, driven by higher-grade ore processing and improved access to richer mining zones.

At the Sadiola Mine in Mali, the Phase 1 expansion is on track for completion in December and is expected to deliver up to 40% higher production in Q4. Meanwhile, at the Bonikro and Agbaou mines in Côte d’Ivoire, production is also projected to rise by up to 40%, supported by early stripping campaigns and increased access to high-grade ore zones. These operational gains, combined with enhanced drilling programs and the mobilization of new mining equipment, underscore Allied’s focus on boosting productivity and sustaining long-term resource growth.

Strategically, the company continues to advance initiatives that strengthen operational resilience, including confirmatory drilling, grade control refinements, and the hiring of experienced local management to improve site-level performance. Allied remains firmly on track to exceed 375,000 ounces of annual production, consistent with its 2024 guidance, and is maintaining a forward production outlook of 375,000 to 400,000 ounces per year. Continued cost optimization, disciplined mine sequencing, and expansion progress are expected to enhance profit margins and ensure sustainable growth into 2025.

Mini-Glossary

• All-in Sustaining Costs (AISC): A measure of the total cost of producing one ounce of gold, including operating costs, capital expenditures, and administrative expenses.
• Grade control: The process of managing and monitoring ore quality to ensure consistent production of high-grade material.
• Mine sequencing: Planning the order of mining operations to optimize resource recovery and reduce costs.
• Stripping: The removal of waste material to expose ore zones for mining.