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China’s $4 billion bid for African gold assets collapses, but Zijin keeps a $295 million foothold
Zijin Gold has abandoned its roughly $4 billion takeover of Allied Gold but will invest $295 million in the miner’s projects across Mali, Ethiopia and Côte d’Ivoire
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iol.co.za
Beijing Reaching the Limits of Its Africa Risk Appetite?
China's delay in approving Zijin Mining's US$4 billion acquisition of Allied Gold raises critical questions about its investment strategy in Africa. What does this mean for South…
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financialpost.com
Allied Gold says $5.5-billion sale to China’s Zijin has collapsed
Allied Gold said sale to Zijin Gold was terminated, and the Chinese company will instead invest about US$295 million in the miner. Read on
