1. Zijin Gold Acquires Canada’s Allied Gold (All-Cash)
Transaction value: ~US$4.0 billion (C$5.5 billion) | Announced: January 2026 | Expected completion: April 2026
A strategic move by Zijin Mining to rapidly expand gold production and optimize global assets, gaining three producing gold mines in Africa and enhancing its international footprint.
2. Glencore Sells 40% Stake in DRC Copper-Cobalt Mine to Orion Consortium
Enterprise value: US$9.0 billion (40% stake valued at ~US$3.6 billion) | Signed non-binding agreement: February 2026
Glencore optimizes its asset portfolio by bringing in strategic capital. The Orion consortium is backed by Abu Dhabi and the U.S. International Development Finance Corporation, underscoring the geopolitical value of critical minerals.
3. Eldorado Gold Acquires Foran Mining
Transaction value: ~US$2.8 billion (C$3.8 billion) | Announced: February 2026
The merger integrates copper-gold projects in Greece and Canada, increasing copper’s share in the combined portfolio to 15%, creating a mid-tier copper-gold producer.
4. Zijin Mining Acquires Chifeng Gold
Transaction value: ~US$2.64 billion (RMB 18.26 billion) | Announced: March 23, 2026
Zijin Gold International will acquire existing mainland-listed shares and new H-shares of Chifeng Gold, raising Zijin’s stake to nearly 26% and securing operational control. Chifeng Gold benefits from Zijin’s technical expertise to improve mining efficiency. In 2025, Chifeng Gold mined and sold ~14.4 tonnes of gold, while Zijin sold 46.6 tonnes.
5. Jiangxi Copper Acquires SolGold and Cascabel Copper-Gold Project
Transaction value: ~US$1.2 billion (£867 million) | Agreed: December 2025 | Ongoing in 2026
As the largest shareholder, Jiangxi Copper gains full control of the Cascabel project in Ecuador, one of South America’s largest undeveloped copper-gold resources.
6. CMOC Acquires Four Gold Mines from Equinox Gold’s Brazil Operations
Transaction value: US$1.015 billion | Completed: January 2026
CMOC makes its first major entry into Brazil’s gold sector, gaining immediate gold production, while Equinox Gold refocuses as a North American pure-play gold producer.
7. Orezone Acquires Hecla’s Casa Berardi Gold Mine
Transaction value: US$352 million | Announced: January 2026 | Expected completion: Q1 2026
Orezone takes full ownership of the operating mine and enters the Canadian market. Hecla uses proceeds to repay debt and fund its flagship silver project.
8. First Quantum Minerals Sells Çayeli Copper-Zinc Mine in Turkey
Transaction value: US$340 million | Announced: March 2026
Part of First Quantum’s portfolio optimization strategy to sell non-core assets and raise funds to restart key operations, including Cobre Panamá.
9. Perseus Mining Sells 70% Interest in Meyas Sand Gold Project in Sudan
Transaction value: US$260 million | Signed: March 2026
Perseus optimizes its asset portfolio by exiting a high-risk region.
10. Shengtun Mining Acquires Canada’s Loncor Gold
Transaction value: C$261 million (~RMB 1.35 billion) | Agreed: October 2025 | Expected completion: Q1 2026
Shengtun Mining gains control of the Adumbi gold project in the DRC, marking a key step in its overseas resource expansion.
Post time: Apr-09-2026
