Zijin Gold’s Allied Deal Scrapped 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.
<p>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.</p>