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0.00231584821428567 0.00231584821428567 0.0011160714285714 0.0011160714285714 -0.00279017857142861 -0.000837053571428603 -0.00577566964285716 -0.00837053571428583
Stock impact report

ALLIED GOLD LAUNCHES ENERGY PROGRAM AT SADIOLA TO DELIVER EFFICIENT, RELIABLE AND LOWER-COST POWER FOR PHASED EXPANSION [Yahoo! Finance]

Allied Gold Corporation Common Shares (AAUC) 
Company Research Source: Yahoo! Finance
it 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 ("BESS") sufficient to meet the power requirements of the Phase 1 expansion at reduced costs. The systems will then be scaled up to satisfy the energy needs of the next phase expansion, providing Sadiola with a flexible power solution capable of meeting its ultimate power needs, while being self-reliant, efficient and cost-effective. Allied logo (CNW Group/Allied Gold Corporation) Beginning early next year, Sadiola will significantly reduce its use of legacy diesel generators in favour o Show less Read more
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