QUEENSLAND, AUSTRALIA--(Marketwire - Jan 24, 2012) -

 24 January 2012 ACTIVITIES REPORT FOR DECEMBER QUARTER 2011 * Group production for 3 months (31,181 ounces) and 12 months (108,338 ounces) * Guidance of 180,000 ounces pa production in 2012 reaffirmed Allied Gold Mining Plc ("Allied" or "the Company") provides the following summary and overview of its activities for the quarter ended 31 December 2011. Production Summary Simberi, Papua New Guinea * Production for the 3 months - 12,387 oz at Gross cash cost of US$1108/oz * Production for the 12 months - 57,284 oz at Gross cash cost of US$979/oz * Targeting 16,000oz to 18,000oz in March 2012 quarter and 75,000oz in 2012 Production Summary Gold Ridge, Solomon Islands * Production for the 3 months - 18,794 oz at Gross cash cost of US$1319/oz * Production for the 12 months - 51,054 oz at Gross cash cost of US$1224/oz * Targeting 23,000oz to 25,000oz in March 2012 quarter and 105,000oz in 2012 Financial Highlights * Average realized gold price of US$1,695 per ounce, up 24% year on year * EBITDA of US$9.1 m for the December quarter * Operational cash flow of US$23.5 million * Cash at bank of US$21 million at 31 December 2011 * On 5 January 2012, US$80 million gold loan used to repay US$55m in borrowings Corporate * Johan Oelofse appointed as Chief Operations Officer * Allied shares admitted to FTSE 250 Index and the MCSI UK Small Cap index * Allied shares admitted to the S&P/ASX 300 Index in Australia To view the full press release including graphs please download the following pdf [ http://www.rns-pdf.londonstockexchange.com/rns/0604W_-2012-1-24.pdf ] For further information please contact: Allied Gold Mining Plc (Investor and Media) - Simon Jemison, +61 418 853 922 RBC Capital Markets (Corporate Brokers) - Stephen Foss / Matthew Coakes / Daniel Conti +44 (0)20 7653 4000 Oriel Securities (Joint Corporate Broker) - Jonathan Walker / Michael Shaw +44 (0)20 7710 7600 Buchanan (Financial PR Advisor) - Bobby Morse / James Strong / Cornelia Browne +44 (0)20 7466 5000 This information is provided by RNS The company news service from the London Stock Exchange END