Allied Gold Confirms Normal Mine Operations Amid Zijin Acquisition Progress

Allied Gold confirmed normal operations at its Mali and Côte d’Ivoire mines and Ethiopia project, reassuring stakeholders amid its pending acquisition by China's Zijin Mining. This follows the January 26, 2026, arrangement agreement, with regulatory approvals ongoing and closure eyed by May 29, 2026 outside date. Sadiola mine expansion is complete, Kurmuk production starts Q3 2026, though Mali conflicts are monitored. The update reduces operational disruption risk but leaves volatility potential from the deal and regional issues, with limited immediate Gold price impact and modest stock moves: AAUC -0.85% at 30.19, ZIJMF -2.83% at 4.60.