$AAUC

Vox Royalty Says Bonikro Gold Mine Life Extended Through 2036

Vox Royalty (VOXR) said Thursday that Allied Gold's (AAUC) revised production plan extends the material mine life of the Bonikro gold mine in Cote d'Ivoire to 2036.The company holds an uncapped gold offtake-stream covering 50% of gold production from the mine, according to a statement.The mine life extension is expected to support average gold production of over 120,000 ounces annually, with deliveries to Vox averaging 60,000 ounces yearly through 2036, according to the company.Studies are underway to boost plant capacity, in addition to stockpile processing expected to add 15,000 ounces to 20,000 ounces annually from late 2026 onwards, the company said.Price: $4.89, Change: $+0.21, Percent Change: +4.49%

Canaccord Genuity Upgrades Allied Gold Corporation to Buy From Hold, Price Target is CA$44

Allied Gold Reports Regulatory Approvals for Acquisition by Zijin Gold

Allied Gold (AAUC) said late Friday Zijin Gold International has received approval under the Investment Canada Act for the acquisition of the company by Zijin.The company said the deal has also received clearance from the Regional Competition Authority of the Economic Community of West African States and the Competition and Consumer Commission of the Common Market for Eastern and Southern Africa.Completion of the transaction remains subject to receipt of outstanding regulatory approvals, it said.Price: $26.05, Change: $-1.13, Percent Change: -4.16%

Update: Market Chatter: Zijin Gold's $4 Billion Takeover of Allied Gold Facing Regulatory Delays

(Updates with Allied Gold's comment in the last paragraph.)Hong Kong-listed Zijin Gold International's $4 billion takeover of Canada's Allied Gold (AAUC) is facing delays because of opposition from Beijing regulators, the Financial Times reported Friday, citing people familiar with the matter.China's National Development and Reform Commission questioned the premium Zijin is paying, as well as the geopolitical risks associated with Allied's gold mine in Mali, the report said.The agreement had a closing deadline of Friday, which can be extended if both sides agree, the report said."There is strong industrial and commercial logic for this transaction, and both parties continue to work diligently towards closing," Allied said in an emailed statement to.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $26.01, Change: $-1.17, Percent Change: -4.30%

Market Chatter: Zijin Gold's $4 Billion Takeover of Allied Gold Facing Regulatory Delays

Hong Kong-listed Zijin Gold International's $4 billion takeover of Canada's Allied Gold (AAUC) is facing delays because of opposition from Beijing regulators, threatening Zijin's first major deal since its initial public offering, the Financial Times reported Friday, citing people familiar with the matter.China's National Development and Reform Commission has questioned the premium Zijin is paying, as well as the geopolitical risks associated with Allied's gold mine in Mali, according to the report.The original agreement had a closing deadline of Friday, which can be extended if both sides are in agreement, the report added.Allied Gold did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $26.09, Change: $-1.10, Percent Change: -4.03%

Allied Gold Reports Higher Revenue and Adjusted Profit for the First Quarter

Allied Gold (AAUC.TO, AAUC) after trade Thursday said its first-quarter adjusted profit and revenue rose year-over-year.Adjusted profit, which excludes most one-time items, rose to US$48.6 million, or US$0.39 per share, in the quarter, up from US$45.1 million, or US$0.41, a year ago. FactSet expected earnings per share of US$0.32.Revenue rose to US$394.1 million from US$346.4 million in the year-ago quarter. FactSet projected US$458 million.For the quarter, the company produced 96,016 ounces of gold, in line with its operating plan and annual guidance, and up 14% from the same period last year. Gold sales totaled 99,878 ounces, "slightly higher than production due to the timing of shipments of production and the sale of end-of-year inventory," the company said.Production reached 44,104 ounces at the Sadiola mine, Bonikro produced 29,011 ounces, and Agbaou produced 22,901 ounces in the first quarter, the company added.The company's shares closed down C$0.13 to C$40.20 on the Toronto Stock Exchange.

Earnings Flash (AAUC) Allied Gold Posts Q1 Adjusted EPS $0.39 per Share