Stocks in play: Allied Gold Corporation
Has begun implementing key components of its new energy program for Sadiola following a comprehensive review of the power needs for the asset and its expansion plans. The Company is undertaking a staged and scalable approach, initially installing additional state-of-the-art diesel generators and control systems, followed by the implementation of a hybrid power solution, with the deployment of more efficient medium-speed thermal units, and a photovoltaic plant with battery energy storage systems sufficient to meet the power requirements of the Phase 1 expansion at reduced costs. Allied Gold Corporation shares T.AAUC are trading up $0.68 at $25.00.
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