Zijin Gold’s Allied Deal Axed in Favor of $295 Million Stake

Zijin Gold’s Allied Deal Axed in Favor of $295 Million Stake

Zijin Gold International Co.’s deal to acquire Canada’s Allied Gold Corp. has been scrapped, with the Chinese mining company opting instead to invest about $295 million in the African-focused gold producer.

Zijin Gold International Co.’s deal to acquire Canada’s Allied Gold Corp. has been scrapped, with the Chinese mining company opting instead to invest about $295 million in the African-focused gold producer.
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Bloomberg — Markets (EN)




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