Discovery Alert, an AI -powered mining news publisher, posted on 27 January 2026 an article titled "Zijin Mining's $4 Billion Allied Gold Acquisition Reshapes African Mining" by Muflih Hidayat.
Hong Kong's Zijin Gold International Company signed an agreement to acquire all outstanding shares in Canadian company Allied Gold for an equity value of about $4 billion in an all-cash deal. Allied Gold has assets in gold mines in Ethiopia, Mali, and Cote d'Ivoire. This acquisition represents a sophisticated deployment of Chinese capital in African mining consolidation.
