Zijin Gold Ends Acquisition Agreement, Makes $295M Strategic Investment in Allied Gold

Zijin Mining Group to Acquire Controlling Stake in Chifeng Jilong Gold Mining (Zijin Gold)

March 28, 2026

Industrial Services

Zijin Mining Group announced that its wholly owned subsidiary Zijin Gold will acquire a controlling stake in Chifeng Jilong Gold Mining Co., Ltd. for about RMB18.258 billion (approximately $2.6 billion) via a combination of A-share purchases and a subscription of newly issued H shares. The deal will give Zijin Mining’s subsidiaries control and result in Chifeng Gold’s financial results being consolidated, subject to regulatory and shareholder approvals.

Centerra Gold Inc. Invests in Nevada King Gold Corp. ($10.4M Strategic Investment)

March 24, 2026

Infrastructure

Nevada King Gold Corp. completed a non-brokered private placement of common shares totaling approximately C$16.3 million, which included a strategic investment by Centerra Gold Inc. for approximately C$10.4 million. Centerra acquired 49,681,622 common shares, representing 9.9% of Nevada King’s issued and outstanding shares after closing.

Zijin Gold to Acquire Allied Gold in C$5.5 Billion All-Cash Deal

January 26, 2026

Industrial Services

Allied Gold entered into a definitive arrangement agreement under which Zijin Gold International Company Limited will acquire all issued and outstanding Allied Gold shares for C$44 per share in cash, valuing the equity at approximately C$5.5 billion. The transaction will be completed via a court-approved plan of arrangement in Ontario, with closing expected by late April 2026 subject to customary approvals.

Zijin Gold International to Acquire RG Gold from Verny Capital and Resource Capital Funds

June 30, 2025

Industrial Services

Verny Capital Group has signed an agreement to sell RG Gold, the Kazakhstan-based gold mining company it managed since 2014. The deal will be sold to Zijin Gold International, a subsidiary of Zijin Mining Group, with Resource Capital Funds (RCF) serving as Verny’s strategic partner in the development of the asset.

Gold Fields Acquires Osisko Mining for C$2.16 Billion

August 12, 2024

Energy

Gold Fields Limited, through a wholly owned Canadian subsidiary, has entered into a definitive arrangement agreement to acquire all outstanding shares of Osisko Mining Inc. in an all-cash transaction valued at approximately C$2.16 billion. The deal is expected to close in Q4 2024 and will be completed via a statutory plan of arrangement under Ontario law.

Yintai Gold Co., Ltd Acquires Osino Resources Corp. for C$368 Million

February 25, 2024

Energy

Yintai Gold Co., Ltd will acquire all outstanding common shares of Osino Resources Corp. for C$1.90 per share, valuing Osino at approximately C$368 million in an all-cash plan of arrangement. The transaction, which includes a concurrent US$10 million loan to Osino and reimbursement of a termination fee, is subject to shareholder, court and regulatory approvals and is expected to close in H1 2024.