Allied Gold extends Bonikro mine life to 2036, targets 200,000 ounces annually

Allied Gold Corporation (TSX: AAUC, NYSE: AAUC) announced an extended mine life for its Bonikro operation to 2036 and increased production targets across its portfolio, according to a company statement released June 10, 2026.

The company completed an integrated production plan for its Côte d'Ivoire operations that extends Bonikro's mine life to 2036 based on 2025 proven and probable mineral reserves. The plan supports average production of over 120,000 gold ounces per year, representing approximately 400% increase compared to the production profile outlined in the 2023 technical report.

Allied Gold raised its consolidated production target for the CDI Complex to 200,000 gold ounces per year for 10 years or more, up from a previous objective of 180,000 ounces annually. The company is studying capacity increases at the Bonikro processing plant to 3.0-3.2 million tonnes per annum.

At the Kurmuk Gold Project in Ethiopia, pre-commissioning activities are underway with first gold expected in mid-2026. The project remains on schedule and budget, with projected production of 290,000 ounces per year during the first four years and 240,000 ounces annually over the mine life.

Operations at the Sadiola Mine in Mali continue without interruption, with second-quarter gold production expected to be approximately 50,000 ounces. The company is advancing processing optimization initiatives and expansion programs expected to establish production of 200,000 to 230,000 ounces per annum.

The updates come as Allied Gold and Zijin Gold International Company Limited remain committed to completing their previously announced arrangement by the extended deadline of July 29, 2026.

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