Allied Gold Reports Record Q4 Production, Advances Zijin Gold Acquisition, and Provides Strong 2026 Outlook

summarizeSummary

Allied Gold reported record Q4 production, exceeded full-year guidance, and confirmed shareholder approval for the C$5.5 billion Zijin Gold acquisition, while providing strong 2026 production guidance and project updates.

check_boxKey Events

• Record Q4 Production and Exceeded Annual Guidance

  Allied Gold achieved record fourth-quarter gold production of 117,004 ounces, contributing to a full-year 2025 total of 379,081 ounces, surpassing its annual guidance of over 375,000 ounces. This performance was driven by higher grades and increased ore output across all operations.

• Shareholder Approval for Zijin Gold Acquisition

  Shareholders overwhelmingly approved the C$5.5 billion arrangement resolution with Zijin Gold International Company Limited on March 31, 2026. The transaction is targeted to close by the end of April, subject to regulatory and final court approvals.

• Strong Financial Performance and Position

  The company reported Q4 adjusted earnings of $69.0 million ($0.56 per share) and full-year 2025 net earnings of $3.307 million, a significant improvement from a net loss in 2024. Net cash generated from operating activities in Q4 was $189.3 million, with cash and cash equivalents totaling $479.8 million as of December 31, 2025.

• Kurmuk Project On Track for Mid-2026 Production

  The Kurmuk Project remains on schedule and on budget, with operations expected to commence in mid-2026. Pre-commissioning activities are planned to begin in the second quarter of 2026, significantly contributing to future gold production.

auto_awesomeAnalysis

This 6-K filing provides a highly comprehensive and positive update, detailing record fourth-quarter and full-year 2025 operational and financial results, alongside a critical update on the C$5.5 billion Zijin Gold acquisition. The company exceeded its annual production guidance and reported significantly improved financial metrics, including a return to net earnings for the full year. The confirmation of shareholder approval for the Zijin Gold transaction, although previously reported in a separate 6-K on March 31, 2026, reinforces deal certainty for this transformational event. Furthermore, the progress on key growth projects like Kurmuk, expected to commence production in mid-2026, and the Sadiola expansion, underpins a strong growth trajectory and positive 2026 production guidance. This filing consolidates multiple positive developments, signaling robust operational health and strategic execution.