China’s largest gold producer is acquiring Allied Gold to expand its African output as bullion prices hit historic highs
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Under the agreement announced Monday, Zijin’s Hong Kong-listed subsidiary, Zijin Gold International, will acquire all issued common shares of Allied Gold. Photo: IC Photo
The smaller committment reflects Beijing’s growing concerns over capital outflows and mounting risks of investing in the Sahel…
Companies say 'no reasonable likelihood' conditions for sale would be met
Zijin Gold has abandoned its roughly $4 billion takeover of Allied Gold but will invest $295 million in the miner’s projects…
Toronto-based Allied Gold Corp. has terminated its $5.5 billion agreement to be acquired by China’s Zijin Gold Co. Intl. Ltd.…
Allied Gold said sale to Zijin Gold was terminated, and the Chinese company will instead invest about US$295 million in the…
Allied Gold's acquisition by Zijin Gold is terminated, with Zijin instead investing $295 million. Gold hitting $15,000 by…
