TRENDING
ICC Tribunal Rejects $3.38bn Claims Against Nigeria Over Mambilla Project – Tinubu • Europa League: Juventus, Palace cruise to wins, Bournemouth beat Sociedad • New co-tenant absconds with neighbour’s children in Akwa Ibom, police probe • Juventus, Palace cruise to Europa League wins, Bournemouth beat Sociedad • Dollar to Naira exchange rate today, September 17, 2026: Naira records three straight depreciations against USD • Dangote Refinery: Sanusi Cautions Nigerians Against Using School Fees, Selling Homes To Buy Shares • FCT Okada ban: CP orders probe into clash at Life Camp • Tinubu hails Nigeria’s victory over Sunrise’s $2.35bn Mambilla claim • 2027: Abiodun inaugurates Ogun APC campaign council, orders grassroots immediate mobilisation • Kluivert and Rayan rock Real Sociedad as Bournemouth win on European bow • Dollar to Naira exchange rate today, September 16, 2026: Naira records three straight depreciations against USD • Police probe VIO, Okada riders’ clash in Abuja • Oyo abduction: Victims drank dirty water, ate rice without salt — Witness • L.A.X and Ella Are Legally Hitched! See Their Stylish Civil Wedding Looks in Malta • Cape Coast Teaching Hospital midwife installed Paramount Queen Mother of Gomoa Ajumako • Hajj 2027: Saudi Arabia rejects Nigeria’s bid for more slots • Chelsea Ambition ‘Very Clear’ After End Of Boehly Era • Rangers Women Will Compete In NWFL Premiership –Ezeaku • Mambilla project: Nigeria wins $2.35bn arbitration battle against Sunrise Power • Police to fully implement TRAFFITECH-GH from October 1 • ICC Tribunal Rejects $3.38bn Claims Against Nigeria Over Mambilla Project – Tinubu • Europa League: Juventus, Palace cruise to wins, Bournemouth beat Sociedad • New co-tenant absconds with neighbour’s children in Akwa Ibom, police probe • Juventus, Palace cruise to Europa League wins, Bournemouth beat Sociedad • Dollar to Naira exchange rate today, September 17, 2026: Naira records three straight depreciations against USD • Dangote Refinery: Sanusi Cautions Nigerians Against Using School Fees, Selling Homes To Buy Shares • FCT Okada ban: CP orders probe into clash at Life Camp • Tinubu hails Nigeria’s victory over Sunrise’s $2.35bn Mambilla claim • 2027: Abiodun inaugurates Ogun APC campaign council, orders grassroots immediate mobilisation • Kluivert and Rayan rock Real Sociedad as Bournemouth win on European bow • Dollar to Naira exchange rate today, September 16, 2026: Naira records three straight depreciations against USD • Police probe VIO, Okada riders’ clash in Abuja • Oyo abduction: Victims drank dirty water, ate rice without salt — Witness • L.A.X and Ella Are Legally Hitched! See Their Stylish Civil Wedding Looks in Malta • Cape Coast Teaching Hospital midwife installed Paramount Queen Mother of Gomoa Ajumako • Hajj 2027: Saudi Arabia rejects Nigeria’s bid for more slots • Chelsea Ambition ‘Very Clear’ After End Of Boehly Era • Rangers Women Will Compete In NWFL Premiership –Ezeaku • Mambilla project: Nigeria wins $2.35bn arbitration battle against Sunrise Power • Police to fully implement TRAFFITECH-GH from October 1
Kurmuk Gold Mine Notifies Ministry of Mines Ahead of Historic First Gold Pour
Back to Home

Kurmuk Gold Mine Notifies Ministry of Mines Ahead of Historic First Gold Pour

Capital Ethopia about 3 hours 2 mins read

The Kurmuk Gold Mine is rapidly emerging as a premier production engine for Canada-based Allied Gold Corporation, marking a transformative milestone for Ethiopia’s mining sector.

Located in the Benishangul-Gumuz Regional State, the flagship project has officially advanced into its critical commissioning phase after successfully connecting to the national electricity grid and feeding its very first ore through the crushing circuit.

Kurmuk Gold Mine Plc, the local operating subsidiary, has formally notified the Ministry of Mines that it anticipates conducting its historic first gold pour imminently during the ongoing hot commissioning and production testing window. While company executives emphasize that this initial pour is strictly part of testing and does not yet constitute the formal launch of commercial operations, the development signifies a monumental stride from construction toward active, large-scale production.

Project projections underscore the immense scale of the operation. Allied Gold anticipates that Kurmuk will yield between 240,000 and 270,000 ounces of gold during its inaugural full year, scaling up to approximately 300,000 ounces the following year. For its first four years, the asset is projected to sustain an average output of roughly 290,000 ounces annually. Supported by an initial strategic mine-life target of 15 years, the operation is anchored by 2.7 million ounces of Proven and Probable Mineral Reserves from the Dish Mountain and Ashashire deposits.

Beyond immediate output, the broader economic implications for Ethiopia are profound. As the federal government actively pushes to attract foreign direct investment and boost vital foreign-exchange reserves, Kurmuk stands out as a cornerstone of these national economic ambitions. Access to reliable grid electricity and steady accumulations of ore stockpiles have paved the way for upcoming grinding circuit tests, bringing the facility closer to full capacity. Furthermore, Allied Gold controls a vast, highly prospective 1,450-square-kilometre surrounding land package, unlocking considerable long-term exploration potential designed to expand mineral inventories well beyond the current mine plan.

Kurmuk management has confirmed it will maintain close coordination with the Ministry of Mines and relevant regulatory authorities. Together, they will oversee all necessary frameworks governing gold verification, security, transportation, and eventual export.

This article was sourced from an external publication.

Share this article
OneClick Africa Logo

Africa's premier digital hub for impactful news, entertainment, and business insights.

© 2026 OneClick Africa. All rights reserved.