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ZIJIN GOLD INTL Soars 6% on RMB28B Full Acquisition of Allied Gold Corporation
ZIJIN MINING (02899.HK) and ZIJIN GOLD INTL (02259.HK) jointly announced that ZIJIN GOLD INTL plans to acquire the entire equity of Allied Gold Corporation (AAUC.US) for a total ca...
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ZIJIN GOLD INTL Soars 6% on RMB28B Full Acquisition of Allied Gold Corporation
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ZIJIN MINING (02899.HK)  -3.500 (-7.586%)    Short selling $928.55M; Ratio 14.975%   and ZIJIN GOLD INTL (02259.HK)  -22.400 (-9.150%)    Short selling $515.59M; Ratio 16.153%   jointly announced that ZIJIN GOLD INTL plans to acquire the entire equity of Allied Gold Corporation (AAUC.US)      for a total cash consideration of CAD5.5 billion (approximately RMB28 billion). Upon the completion of the Transaction, ZIJIN GOLD INTL's asset portfolio will expand to 12 large-scale gold mines across 12 countries.

ZIJIN GOLD INTL opened 2.97% higher today (27th) and extended its gains, reaching a peak of HKD223.4. It last traded at HKD221.4, up 6.03%, with a turnover of 1.7042 million shares, involving HKD373 million. ZIJIN MINING last stood at HKD43.8, up 3.84%, with a turnover of 21.7032 million shares, involving HKD939 million.

Related NewsM Stanley Lifts ZIJIN MINING's TP to HKD59 as Growth & Valuation Advantage Coexist
Separately, gold prices continued to break records, briefly surpassing USD5,100 per ounce. Spot gold last jumped up 1.15% at USD5,066.06, while gold futures for February delivery inched down 0.4% at USD5,063.2.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-01-29 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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