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Allied Gold Corporation (NYSE:AAUC) reported Q2 2025 gold production of 91,017 ounces, an 8.3% increase from the previous quarter. The company is on track to meet its annual guidance, with production expected to be higher in H2 2025, particularly in Q4 with projected 118,000-122,000 ounces.
Key financial metrics include Q2 AISC of $2,343 per ounce, with expected improvement to $1,850 per ounce in H2 2025. The company reported a Q2 net loss of $25.4 million but maintains a strong financial position with $218.6 million in cash and cash equivalents.
Strategic developments include the advancement of the Kurmuk Project (on track for mid-2026 production start) and Sadiola Phase 1 expansion (progressing on schedule and budget). The company has also increased its exploration budget by $17 million to a total of $37 million for the year.
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