Tag: Gold Mines

  • China snags Canadian Gold Mining Company in $5.5B Takeover

    China snags Canadian Gold Mining Company in $5.5B Takeover

    Media reports a $5.5 billion acquisition of Canadian-listed Allied Gold by China’s Zijin Mining, a partially state-owned firm, announced on January 26, 2026, framing it as rapid fallout from Prime Minister Mark Carney’s January 16 announcement of a new Canada-China “strategic partnership” during his Beijing visit. Allied Gold Corporation (a Canadian-listed gold producer, recently acquired…