Ge Long Hui A P P·2025-10-12 10:25Core Viewpoint - Zijin Mining's subsidiary, Zijin Gold International, has successfully acquired 100% equity of the Raygorodok gold mine in Kazakhstan, enhancing its asset scale and global industry position [1][2] Group 1: Acquisition Details - The acquisition of the RG gold mine was completed on October 10, 2025, after all conditions precedent were met or waived [1] - As of June 30, 2025, the RG gold mine has a resource reserve of 208 million tons with an average gold grade of 1.0 grams per ton, totaling 197.4 tons of gold [1] - The mine's reserves are 97 million tons with an average gold grade of 0.9 grams per ton, amounting to 87 tons of gold [1] Group 2: Economic Impact - The RG gold mine is expected to contribute approximately 6 tons of gold annually from 2023 to 2024, supporting Zijin Mining's goal of producing 100-110 tons of gold by 2028 [2] - The mine's operational efficiency and established infrastructure are anticipated to yield strong profitability and a short investment payback period [2] - The successful acquisition increases Zijin Gold International's operational gold mines to nine, solidifying its asset scale and profitability [2] Group 3: Strategic Advantages - The RG gold mine is located in a significant gold-producing region in Kazakhstan, providing a long service life and low comprehensive costs [2] - The mine will synergize with other mines in Tajikistan and Kyrgyzstan, enhancing logistics, technical management, and talent allocation [2] - This acquisition is expected to strengthen Zijin Gold International's competitive edge and risk resilience in the Central Asian region [2]