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HKG:2259

3 stories mentioning HKG:2259

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Asia

Zijin Gold International Extends Allied Gold Acquisition Deadline; Shares Up 3%

Zijin Gold International (HKG:2259) extended the outside date for its proposed acquisition of Allied Gold to July 29 from May 29, according to a Friday Hong Kong bourse filing.The company said certain key regulatory approvals required to acquire 100% of Allied Gold have not yet been obtained.Zijin Gold International agreed in January to acquire Allied Gold for about CA$5.5 billion, offering CA$44 per share.Allied Gold owns the Sadiola gold mine in Mali, the Bonikro and Agbaou gold mines in Côte d'Ivoire, and the Kurmuk gold mine in Ethiopia.Shares of the miner were up nearly 3% in Monday morning trade.

HKG:2259
Asia

Market Chatter: Attack at Zijin Gold Mine in Colombia Kills Worker

An attack at Zijin Gold International's (HKG:2259) Buriticá mine in Colombia killed one miner and injured another, El Colombiano reported Thursday.The Chinese miner attributed the attack to illegal miners operating clandestine tunnels in the area, the newspaper said.Forces from Colombian paramilitary group Clan del Golfo, which operates in illegal mining corridors around Zijin's mine, allegedly carried out the attack, the newspaper said, citing authorities.Shares rose 1% in Hong Kong during afternoon trading on Friday.(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.)

HKG:2259
Asia

Zijin Gold International's Profit, Revenue Surge in Q1; Shares Down 3%

Zijin Gold International (HKG:2259) booked $807.3 million in profit attributable to owners for the first quarter of 2026, up from $166.3 million a year earlier, according to a Hong Kong bourse filing on Tuesday.Shares of the gold miner fell nearly 3% in late-morning trade on Wednesday.Revenue surged to $2.06 billion from $864.9 million a year earlier, figures showed, the unit of Zijing Mining (SHA:601899, HKG:2899) said.

HKG:2259HKG:2899SHA:601899