Zijin Mining finalizes acquisition of Kazakhstan's Raygorodok Gold Mine

Zijin Mining Group Company, through its subsidiary Zijin Gold International, announced the completion of its acquisition of 100% equity in the Raygorodok Gold Mine (RG Gold Mine) in Kazakhstan on October 10, 2025. This follows an earlier announcement on June 30, 2025.

According to Zijin Gold International's prospectus as of June 30, 2025, the RG Gold Mine project holds significant resources. It boasts controlled and inferred ore resources of 208 million tonnes with an average gold grade of 1.0 grams per tonne, totaling 197.4 tonnes of gold metal. Additionally, the mine has reserves of 97 million tonnes of ore with an average gold grade of 0.9 grams per tonne, amounting to 87 tonnes of gold metal.

The company anticipates the RG Gold Mine, which produced approximately 6 tonnes of gold annually from 2023-2024, will significantly contribute to its 2028 production target of 100-110 tonnes of mineral gold. This acquisition increases Zijin Gold International's operating gold mines to nine, strengthening its asset scale, profitability, and global industry position.