Zijin Expands Global Footprint With Allied Gold Acquisition

China’s outbound resource investment is accelerating as rising commodity prices reshape global consolidation patterns, with Zijin Mining agreeing to acquire Canadian miner Allied Gold in an all cash transaction valued at roughly US$4 billion. The deal reflects a broader shift among major mining

Chinese Miner CMOC Expands Global Footprint With US$1 Billion Purchase of Brazilian Gold Assets

China’s leading mining company CMOC Group has strengthened its presence in the global precious metals market with a major acquisition in Brazil, agreeing to pay about US$1 billion for gold assets owned by Canada based Equinox Gold. The deal will see CMOC take