Allied Gold Corporation (TSE:AAUC) has released an update.
Allied Gold Corporation has secured a twenty-year Power Purchase Agreement for its Kurmuk Gold Project in Ethiopia, ensuring a steady supply of hydroelectric power at a fixed low cost, which will support the project’s position as one of the world’s lowest-cost gold producers. The deal not only promises financial stability for the project by locking in energy costs but also aligns with Allied’s commitment to sustainable practices.
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