ALLIED GOLD ANNOUNCES FIRST QUARTER 2024 RESULTS: ON TRACK FOR IMPROVING PRODUCTION, COSTS AND CASH FLOWS THROUGH THE REMAINDER OF THE YEAR WITH CORPORATE INITIATIVES FURTHER ENHANCING FINANCIAL FLEXIBILITYTORONTO, May 9, 2024 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) ("Allied" or the "Company") is herein reporting its financial and operational results for the first quarter of 2024. Exposure to Increasing Gold Price: First quarter cash flow was generated at an average realized gold price of $2,053 per oz. Cash costs exclude DA, exploration costs, accretion and amortization of reclamation and remediation, and capital, development and exploration spend. Cash costs include only items directly related to each mine site, and do not include any cost associated with the general corporate overhead structure. Mineral Reserves (Proven and Probable)The following table sets forth the Mineral Reserve estimates for the Company's mineral properties at December 31, 2023.

May 09, 2024 21:25 UTC

Teacher Appreciation Day was celebrated in Kendall on Tuesday night Fifty-seven South Florida teachers were chosen as teacher of the year at their respective schools. Speakers were invited to talk about the special teachers in their lives. The teachers were treated to raffle prizes including a $5,000 check won by Carla Prado. Congratulations to her.

May 09, 2024 20:30 UTC

(Richmond magazine)‘A Hub of Food and Fun’Designed “to feature the products and flavors of the diverse Latino and Hispanic communities of Chesterfield and the region,” the new Latino Farmers Market is open for business Saturdays at Rockwood Park. (Richmond magazine)Find out Alewife and Odyssey chef Bobo Catoe Jr.’s favorite snack and comic book heroes in our latest Spotlight. After operations at Hatch Local food hall shuttered, Lindsey Food Group’s Bully Burger is back in action. RVA LoveThe Virginia Press Association awards took place last weekend, and Richmond magazine did not go home empty-handed. My fellow food writers and I earned a second-place award for our Summer Bounty feature.

May 09, 2024 19:22 UTC

borkenaToronto – Fano Forces in Shoa, Amhara region of Ethiopia, yesterday released new video footage purportedly showing captured government soldiers. In the video, captured soldiers are seen answering questions from their captors. From the uniforms and firearms displayed for show, the soldiers appear to be members of special forces within the Ethiopian Army. According to the source, the soldiers were captured in Chira Meda area of Shoa. Ethiopia Subscribe to YouTube channel To share information or for submission, send an e-mail to info@borkena.com

May 09, 2024 17:48 UTC

Safaricom Group Plc reported lower-than-expected annual profit after the Kenyan telecommunications giant’s unit in neighboring Ethiopia booked losses in its first full year of operations. Net income rose 1.2% to 62.99 billion shillings ($479.2 million) in the year through March 31, the Nairobi-based company said in a statement Thursday, missing the 67.6 billion-shilling median estimate by analysts in a Bloomberg survey. Its Kenyan unit reported $1.07 billion in operating profit, the first time that the measure exceeded the billion-dollar mark.

May 09, 2024 16:54 UTC





The multi-part research combined interviews and analysis of social media data to examine the forms, motives, and impacts of online abuse against women. The report’s first component interviewed 14 prominent Ethiopian women in media and civil society roles about their experiences of harassment and abuse online. Facebook was identified as the primary platform for such abuse, with women reporting harassment across all social media channels, both private and public. The research underscores the real-world consequences of online abuse. Alarmingly, the study also revealed instances of online abuse leading to offline violence.

May 09, 2024 16:52 UTC

Despite facing resource limitations, the RRS says it remains committed to prioritizing the well-being of refugees in the affected areas. The announcement follows the release of a United Nations report on 03 May, 2024, disclosing the exodus of approximately 1,000 Sudanese refugees from the Kumer camp under United Nations administration. In its statement, the RRS acknowledged the challenges faced by refugees regarding service provision and safety at the camps. The aim is to address their safety concerns and improve basic services, despite the limited resources available. However, according to the RRS statement, the overall refugee response in the country faces serious constraints due to resource limitations, hindering service provision, including at the Awlala and Kumer sites, as mentioned in the statement.

May 09, 2024 16:20 UTC

Sudan has descended into crisis since the war between the army led by Gen Al Burhan, the country's de facto leader, and the RSF, commanded by his former ally Gen Mohamed Dagalo, broke out on April 15 last year. Saudi Arabia was expected to host a new round of peace talks this week in Jeddah, where the kingdom and the US have already mediated several rounds of negotiations without success. People drink water from a recently dug well in Sudan's eastern state of Gedaref amid continuing fighting between the Sudanese army and the Rapid Support Forces. “Our fight against the rebel terrorist Rapid Support militia will not stop except by liberating this country from these criminal rebels,” Gen Al Burhan said. The RSF has seized four out of five state capitals in the Darfur region, home to around one quarter of Sudan's 48 million people.

May 09, 2024 15:43 UTC

“Our operations in conflict areas [in Ethiopia] remain subject to restrictions,” said Vanhelleputte. “We hope this will improve soon,” said Vanhelleputte, who was brought in to replace founding CEO Anwar Soussa last year. Its current network covers 38 percent of the Ethiopian population, according to the Safaricom financial report. Vanhelleputte indicated that security concerns, limited access to smartphones, and regulatory shortcomings continue to pose obstacles to Safaricom’s ambitions as Ethiopia’s first private telecoms operator. Mobile data revenues from Safaricom Ethiopia’s 4.4 million users account for close to 75 percent of the total.

May 09, 2024 15:36 UTC

“Mostly, I walk around with a profound sense of gratitude, and thankfulness for everything that Abu Dhabi and the UAE have given me. And especially that NYU Abu Dhabi has given me, as a learning community and as a new initiative that I had a hand in creating. “We think about NYU Abu Dhabi today. Mariet Westermann at NYU Abu Dhabi on Saadiyat Island. One such garden is in the NYU Abu Dhabi original downtown campus “and it's still flourishing”.

May 09, 2024 15:22 UTC

Ethiopia’s Minister of Water and Energy Habtamu Itefa Geleta will participate at the South Sudan Oil & Power (SSOP) 2024 conference and exhibition. Minister Geleta is expected to share his country’s experience in developing clean energy capacity and call for more power infrastructure investments. Organized by Energy Capital & Power, SSOP 2024 positions South Sudan at the center of investments and partnership in the East African energy landscape. In April 2024, the Ethiopian government and the World Bank signed loan agreements worth $1.72 billion to enhance the country’s electricity and water supply. For more information about how you can participate in South Sudan’s biggest energy event, visit https://SouthSudanOilPower.com.

May 09, 2024 14:48 UTC

A press release from the US Department of State says “the urgency of resolving outstanding issues through political dialogue and avoiding a return to conflict” has prompted the visit from Hammer. Territorial disputes in northern Ethiopia have given rise to a fresh round of fighting in recent weeks, raising concerns that the region could find itself back in a state of war. The outstanding tasks include the full disarmament of ex-combatants, the return of nearly one million IDPs to their homes, and the reinstitution of Tigray’s pre-war borders. Hammer is also set to discuss options for dialogue to end armed conflict in the Amhara and Oromia regions, as well as the need to investigate human rights violations in the country, according to the press release. Visits to Kenya and Djibouti are also on the special envoy’s itinerary.

May 09, 2024 14:23 UTC

ADDIS ABABA - Resolving disagreements through poltical dialogue and close talks would help the nation ensure lasting peace and security, said Prime Minister Abiy Ahmed (PhD). Speaking at a public rally held in Nekemte yesterday, premier Abiy underlined the importance of resolving disagreements through dialogue and urged armed groups to entertain peaceful dialogue thereby ensuring nationwide peace. Appreciating the democratic culture of the Oromo people and acknowledging the existence of agendas that may cause disagreements, the prime minister stressed the necessity of sitting together to discuss and resolve differences. The ongoing mega development projects are expected to further boost the national economy, despite the challenges posed by conflicts, he mentioned. As Ethiopia navigates through these challenges, the call for peaceful dialogue echoes the need for unity and reconciliation to ensure a prosperous future for all of its citizens, demonstrators told local media.

May 09, 2024 14:05 UTC

For all other commodities, price is in (Birr/Quintals), 1 Quintal = 100Kg. To get more commodity trade information, you may call ECX on short number 929 or text to them on short number 934.

May 09, 2024 13:30 UTC

An Ethiopian Bishop urges religious leaders to act as mediators to heal the African nation’s political and social divisions. The Bishop, who serves as the Secretary General of the Bishops’ Conference of Ethiopia, spoke about the political and social crisis that has lashed the country for the last few years. Role of religious leaders in fostering peaceBishop Fikre said religious leaders are called to set aside ethnic tensions and help heal the country by promoting reconciliation and peace. “We are entrusted with the task of showing them the path of truth, love and justice,” said Bishop Fikre. “Our social and spiritual fractures,” concluded Bishop Fikre, “heal through prayers, good will, good deeds, love and justice.”(Source: Fides News Agency)Listen to our report

May 09, 2024 12:41 UTC