Allied Gold Corporation is a Canadian based emerging senior gold producer. The company focuses on the acquisition, exploration, development and operation of gold properties in Africa. Its portfolio consists of three operating mines, one advanced development project and numerous exploration holdings located principally in Mali, Cote d'Ivoire and Ethiopia. Allied holds an 80% interest in the Sadiola gold mine situated in the Kayes Region of western Mali. It also controls an 89.89% stake in the Bonikro gold mine and an 85% stake in the Agbaou gold mine, both located in Cote d'Ivoire. The Kurmuk gold development project, in which Allied owns 100%, lies approximately 750 kilometres west of Addis Ababa in Ethiopia. These assets are managed under a common corporate oversight structure to achieve operational synergies.

Allied Gold Corporation generates virtually all of its revenue from the sale of gold. The company produces gold doré at its operating mines and sells the product into the global gold market. In 2025 consolidated revenue from gold sales amounted to $1,331.8 million, up from $730.4 million in 2024. The Sadiola mine yields doré containing about 80% gold, while the Bonikro mine produces doré with gold content ranging from 82% to 88%. The Agbaou mine delivers doré with gold content between 90% and 95%. The Kurmuk project, once commissioned, will add further gold doré production. Allied is not reliant on any single counterparty for refining or marketing its output, and the London Bullion Market Association provides a widely accepted benchmark price.

Allied Gold Corporation positions itself as an emerging senior gold producer within a competitive global industry. The company competes with other gold exploration and mining firms for access to prospective mineral properties and for the acquisition of producing assets. Its competitive advantages include a geographically diversified asset base across three African jurisdictions, significant ownership stakes in operating mines and a fully owned development project, and a pipeline of exploration targets that could extend mine life. Additionally, Allied benefits from streaming and royalty arrangements that provide cost effective financing while maintaining exposure to upside gold prices. The firm’s emphasis on operational optimization, cost control and disciplined capital allocation further supports its ability to withstand gold price cycles.

Allied Gold Corporation sells its gold doré to a broad range of market participants including refiners, bullion banks, institutional investors and jewelry manufacturers. The company does not disclose the names of individual counterparties because its product is fungible and traded on the global gold market. Consequently, the customer base consists of entities that participate in the London Bullion Market Association pricing mechanism and other international gold exchanges. By relying on a liquid, transparent market, Allied avoids concentration risk associated with reliance on a single buyer or region.