Allied Gold Corp. is exploring new avenues for a potential sale following the collapse of its $5.5-billion deal with China’s Zijin Gold International Co., the company’s chief executive Peter Marrone said Thursday. The Toronto-based gold miner abandoned the acquisition plan on July 29 after delays from Beijing’s regulatory authorities stalled approval of the transaction.

In an interview, Marrone indicated he is open to pursuing a transaction that might involve selling Allied Gold in parts to multiple buyers. He referenced his prior experience with Yamana Gold Inc., suggesting that a similar split could maximize shareholder value. “My objective is to deliver value,” Marrone said, adding that if dividing the company between different purchasers achieves that goal, he would consider such an approach.

Allied Gold’s shares responded positively to the news, rising 5.3 percent to close at CAD 28.95 on the Toronto Stock Exchange on Thursday. The company has emphasized that it will continue exploring all options that could yield the best returns for its shareholders after the setback with Zijin.

The aborted deal with Zijin came amid increased scrutiny from Chinese regulators over overseas acquisitions, which has slowed or blocked several transactions involving Chinese companies in recent months. Allied’s decision to call off the takeover underscores the uncertainties companies face when navigating cross-border deals subject to regulatory approval.

As Allied Gold assesses its strategic options, the potential for a multi-buyer sale signals a shift from a single, large-scale acquisition toward a more flexible approach aimed at unlocking the company’s value under current market conditions.