Northwire Canada EditionSunday, July 26, 2026
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B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
M&A / Property Game Changer

Allied Gold Announces Preliminary Q4 2025 Operating Results, 2026 Guidance and MRMR Update; Special Meeting Set for March 31

Zijin’s C$5.5 Billion Bet on Allied Gold Nears Completion as Mali Operations Stabilize

By The Northwire Desk — AI Analysis Feb 18, 2026 · 17:00 AAUC · 42.8 Allied Gold Corporation
Executive Summary

The most recent news (February 18, 2026) provides a trifecta of material developments: preliminary Q4 2025 operating results, 2026 guidance, and an update on the pending C$5.5 billion acquisition by Zijin Gold International. - Q4 2025 Performance: Production hit 117,004 ounces at an AISC of $1,980/oz. The company ended the year with a robust cash balance of $480 million. - 2026 Guidance: The company expects a massive production leap to 485,000–575,000 ounces, driven primarily by the expected mid-2026 start of the Kurmuk project in Ethiopia. - M&A Status: A special meeting for shareholders to approve the Zijin acquisition at C$44.00 per share (all-cash) is scheduled for March 31, 2026, with an expected closing in late April. - Resource Update: Mineral reserves were reported at 11.16 million ounces as of year-end 2025, confirming the long-life nature of the assets.

Material Impact

The impact is definitively a game-changer for shareholders, as it crystallizes a valuation that was unthinkable just 18 months prior. - Valuation Realization: The C$44.00 per share offer represents an exit at all-time highs. For context, the company was raising capital at C$5.35 (pre-consolidation) in early 2025 and C$27.35 in late 2025. - Operational De-risking: By completing the Sadiola Phase 1 expansion in December 2025, management proved it could deliver on technical milestones in Mali despite regional geopolitical noise. - Gold Price Leverage: The 2026 guidance assumes a gold price of $4,250/oz. While highly aggressive, this reflects the extreme bull market environment in which this transaction is closing, justifying Zijin's premium.

AAUC · Price
Company Overview

Allied Gold is a Canadian-domiciled gold producer focused on Africa. Its operations include the Sadiola mine (Mali), the Côte d’Ivoire Complex (Bonikro and Agbaou), and the flagship Kurmuk Project (Ethiopia). - Sadiola (Flagship): A massive system with 19 years of reserves. Phase 1 expansion (fresh ore processing) was completed in Q4 2025. - Kurmuk: Under construction with mid-2026 first gold target. Expected to produce ~240k–290k oz/year at AISC <$950/oz, making it the company's highest-margin asset.

Read the original news release →

More from Allied Gold Corporation

Jun 10, 2026 · 07:53

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M&A / Property Mar 31, 2026 · 17:31

Allied Gold Shareholders Approve Arrangement With Zijin Gold

M&A / Property Mar 31, 2026 · 17:08

Zijin Gold strikes C$5.5 billion cash deal to swallow Allied Gold at all-time highs

M&A / Property