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M&A

Zijin-Allied Gold takeover collapses, replaced by $295m stake purchase

Zijin Gold International's agreed takeover of Allied Gold lapsed before its 29 July 2026 deadline, and the two companies instead struck a smaller deal in which Zijin bought a 9.2% stake in Allied for about $295m.

Roy Mulenga·4 August 2026·2 min read

M&A

China's Zijin agrees C$5.5bn takeover of Allied Gold's African mines

Zijin Gold International agreed on 26 January 2026 to buy Allied Gold for C$44 a share, valuing the company at about C$5.5bn and adding three African gold operations to Zijin's fast-growing overseas portfolio.

Roy Mulenga·26 January 2026·2 min read

Companies 1

TSX: AAUC

Gold

Allied GoldCanadian gold miner founded in 2011 by former Yamana Gold chief executive Peter Marrone, built through the acquisition of African assets from Endeavour Mining and other sellers. It listed on the Toronto Stock Exchange in 2023.Toronto2 stories