Movement Alert｜ZIJIN MINING Rises 3.44% in Regular Trading, Terminates CA$5.5 Billion Allied Gold Acquisition in Favor of 9.2% Stake

Market Focus07-31

On July 31, ZIJIN MINING rose 3.44% in regular trading, trading at HK$33.6/share, with turnover of HK$524 million.

The move was driven by the company's July 29 announcement that its subsidiary Zijin Gold International has terminated the planned full acquisition of Allied Gold Corporation at CA$44/share, totaling approximately CA$5.5 billion. Instead, the company will subscribe for newly issued Allied Gold shares through a private placement at CA$32.55/share, investing approximately CA$416.6 million (around US$295 million) to acquire a roughly 9.2% stake. Both parties confirmed no termination fee is payable.

The original deal was unlikely to close by the July 29 deadline. Market participants view the termination positively, as it reduces integration risk and preserves financial flexibility while maintaining exposure to quality gold mining assets through a minority position. The share subscription remains subject to approvals from the Toronto Stock Exchange and the New York Stock Exchange.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1142303218?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-31 10:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1142303218","market":"hk","top_or_hot":-1,"title":"Movement Alert｜ZIJIN MINING Rises 3.44% in Regular Trading, Terminates CA$5.5 Billion Allied Gold Acquisition in Favor of 9.2% Stake","media":"Market Focus","content":"<p><p>On July 31, ZIJIN MINING rose 3.44% in regular trading, trading at HK$33.6/share, with turnover of HK$524 million.</p><p>The move was driven by the company's July 29 announcement that its subsidiary Zijin Gold International has terminated the planned full acquisition of Allied Gold Corporation at CA$44/share, totaling approximately CA$5.5 billion. Instead, the company will subscribe for newly issued Allied Gold shares through a private placement at CA$32.55/share, investing approximately CA$416.6 million (around US$295 million) to acquire a roughly 9.2% stake. Both parties confirmed no termination fee is payable.</p><p>The original deal was unlikely to close by the July 29 deadline. Market participants view the termination positively, as it reduces integration risk and preserves financial flexibility while maintaining exposure to quality gold mining assets through a minority position. The share subscription remains subject to approvals from the Toronto Stock Exchange and the New York Stock Exchange.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜ZIJIN MINING Rises 3.44% in Regular Trading, Terminates CA$5.5 Billion Allied Gold Acquisition in Favor of 9.2% Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜ZIJIN MINING Rises 3.44% in Regular Trading, Terminates CA$5.5 Billion Allied Gold Acquisition in Favor of 9.2% Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-07-31 10:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On July 31, ZIJIN MINING rose 3.44% in regular trading, trading at HK$33.6/share, with turnover of HK$524 million.</p><p>The move was driven by the company's July 29 announcement that its subsidiary Zijin Gold International has terminated the planned full acquisition of Allied Gold Corporation at CA$44/share, totaling approximately CA$5.5 billion. Instead, the company will subscribe for newly issued Allied Gold shares through a private placement at CA$32.55/share, investing approximately CA$416.6 million (around US$295 million) to acquire a roughly 9.2% stake. Both parties confirmed no termination fee is payable.</p><p>The original deal was unlikely to close by the July 29 deadline. Market participants view the termination positively, as it reduces integration risk and preserves financial flexibility while maintaining exposure to quality gold mining assets through a minority position. The share subscription remains subject to approvals from the Toronto Stock Exchange and the New York Stock Exchange.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02899","symbol_name":"紫金矿业","start_time":0,"source_url":"","article_id":"1142303218","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1142303218","pubTimestamp":1785463547,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On July 31, ZIJIN MINING rose 3.44% in regular trading, trading at HK$33.6/share, with turnover of HK$524 million.The move was driven by the company's July 29 announcement that its subsidiary Zijin...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02899":"紫金矿业"},"translate_title":"走势提醒|紫金矿业常规交易上涨3.44%，终止55亿加元收购Allied Gold，收购9.2%股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02899":1},"content_text":"On July 31, ZIJIN MINING rose 3.44% in regular trading, trading at HK$33.6/share, with turnover of HK$524 million.The move was driven by the company's July 29 announcement that its subsidiary Zijin Gold International has terminated the planned full acquisition of Allied Gold Corporation at CA$44/share, totaling approximately CA$5.5 billion. Instead, the company will subscribe for newly issued Allied Gold shares through a private placement at CA$32.55/share, investing approximately CA$416.6 million (around US$295 million) to acquire a roughly 9.2% stake. Both parties confirmed no termination fee is payable.The original deal was unlikely to close by the July 29 deadline. Market participants view the termination positively, as it reduces integration risk and preserves financial flexibility while maintaining exposure to quality gold mining assets through a minority position. The share subscription remains subject to approvals from the Toronto Stock Exchange and the New York Stock Exchange.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1142303218","isCrawlerRequest":true}