Allied Gold Corp CFO lays out ambitious expansion plans for African assets
–News Direct–
Allied Gold Corp (TSX:AAUC) Chief Financial Officer Jason LeBlanc speaks to Thomas Warner from Proactive about the future of a business that describes itself as Africa's fastest-growing gold producer. LeBlanc explains that Allied Gold Corp is a newly public entity, having recently listed on the Toronto Stock Exchange.
The company boasts a current production of 375,000 ounces of gold, with a market cap of around $1 billion. Leblanc highlights the company's ambitious growth plans, aiming to double its production to 800,000 ounces by 2029.
By 2026, they anticipate a production increase to over 600,000 ounces, with projects spanning both West and East Africa. A recent financing of $267 million will be instrumental in achieving these growth targets.
He explains th...
