(Ecofin Agency) - Allied Gold operates the Bonikro and Agbaou gold mines in Côte d'Ivoire and the Sadiola mine in Mali. The company is currently listed on the Toronto Stock Exchange in Canada.

Allied Gold has announced plans to list on the New York Stock Exchange (NYSE). During its annual results on Thursday, March 27, the company confirmed it is in advanced discussions with the NYSE. The ticker symbol "AAUC" has already been reserved, and the listing is anticipated for the third quarter of 2025.

The New York Stock Exchange (NYSE) is conducting due diligence to approve Allied Gold’s listing. The firm is currently listed on the Toronto Stock Exchange (TSX).

Allied Gold operates three gold mines in West Africa—Bonikro and Agbaou in Côte d'Ivoire, and Sadiola in Mali—and is building a fourth in Ethiopia. The company produced 358,091 ounces of gold in 2024, a 4% year-on-year increase, and aims to reach 400,000 ounces in 2025.

A NYSE listing would support Allied’s growth plans by attracting a broader investor base and providing greater liquidity for trading shares. The company expects increased coverage from U.S. investment banks, offering detailed analysis, visibility, and investment recommendations to draw more investors.

In recent years, New York has become the go-to stock market for gold producers, including industry leaders like Newmont Corporation and AngloGold Ashanti. In 2023, AngloGold Ashanti shifted its primary listing from Johannesburg to New York. At the time, CEO Alberto Calderon stated that  it was "the world’s leading capital market, and the largest equity market for gold shares, among the world’s most highly valued producers."

However, Allied Gold’s potential listing on the New York Stock Exchange (NYSE) is not guaranteed. While NYSE authorities conduct due diligence, Allied is exploring other funding options. In February 2025, the company secured $375 million from Emirati investment fund Ambrosia to expand operations at the Sadiola gold mine in Mali.

This article was initially published in French by Emiliano Tossou 

Edited in English byAnge Jason Quenum