Allied Gold Announces Preliminary Q4 2025 Operating Results, 2026 Guidance and MRMR Update; Special Meeting Set for March 31

Core Viewpoint - Allied Gold Corporation reported strong operational results for Q4 and full-year 2025, with gold production exceeding guidance and improved cost efficiencies, setting a positive outlook for 2026 and beyond [2][26][36]. Operational Highlights - The company produced 117,004 ounces of gold in Q4 2025, totaling 379,081 ounces for the year, surpassing the annual guidance of 375,000 ounces [2][6]. - All-in Sustaining Costs (AISC) for Q4 were approximately $1,980 per ounce, reflecting a 5% reduction from the previous quarter, despite higher royalties due to increased gold prices [11][32]. - Cash balances as of December 31, 2025, were approximately $480 million, indicating a strong financial position [2][12]. 2026 Guidance - For 2026, the company expects gold production between 485,000 and 575,000 ounces, including contributions from the Kurmuk Project, which is anticipated to start production in mid-2026 [26][30]. - AISC for 2026 is projected to be between $1,750 and $1,900 per ounce, based on a gold price assumption of $4,250 per ounce [32][33]. Mineral Reserves and Resources - As of December 31, 2025, Proven and Probable Mineral Reserves totaled 11.2 million ounces of gold, reflecting a net increase year-over-year due to successful replacement of mining depletion [3][38]. - Measured and Indicated Mineral Resources amounted to 15.3 million ounces, with a slight decrease attributed to the recategorization of some resources [38]. Project Developments - The Sadiola Phase 1 grinding circuit expansion was completed, with further optimizations planned for 2026 to enhance processing performance [15][17]. - The Kurmuk Project is progressing well, with operations expected to commence in mid-2026, contributing significantly to future production [24][25]. Transaction with Zijin Gold - On January 26, 2026, the company announced a definitive agreement for Zijin Gold to acquire all shares of Allied Gold at a price of C$44 per share, representing a 27% premium over the 30-day VWAP [43][50]. - The transaction is expected to close by late April 2026, pending shareholder and regulatory approvals [46].