Precious Metals
Allied targets 60,000 ounces at Mali’s Sadiola gold mine in Q4 2025
The Sadiola gold mine in Mali is expected to produce about 60,000 ounces in the fourth quarter of 2025. The Canadian operator, Allied Gold, said in a Dec 21 statement that this level would represent an increase of around 40% compared with the average recorded in earlier quarters of the year.
During the first three quarters of the year, production at the mine remained below the 50,000-ounce mark. For comparison, the mine delivered only 42,174 ounces in the third quarter, versus the 60,000 ounces now expected for the October–December period. This increase reflects operational improvements and the completion of phase 1 of an expansion project aimed at boosting ore supply at the site.
The company has not said whether this production level will be sufficient to meet its full-year target. Allied Gold is aiming for up to 205,000 ounces at Sadiola in 2025, compared with 193,462 ounces produced the previous year. As of the end of September, reported output stood at 136,689 ounces.
Year-on-year production growth at the mine would be positive for Allied amid strong gold prices. The metal is currently trading at around $4,400 an ounce, up more than 65% since January, according to Trading Economics. Ahead of the release of its annual results, the company is already expecting stronger performance in 2026.
Supported by its expansion project, Allied now expects an annual production profile of between 200,000 and 230,000 ounces at Sadiola. The mine is owned 80% by the company, with the Malian state holding the remaining 20%.