Zhi Tong Cai Jing·2025-10-13 01:45Core Viewpoint - Zijin Mining International has completed the acquisition of 100% equity in the Raygorodok gold mine in Kazakhstan, which is expected to enhance its production capacity and profitability in the coming years [1][2] Group 1: Acquisition Details - The acquisition was finalized on October 10, 2025, after all conditions precedent were met or waived [1] - The Raygorodok gold mine has a resource reserve of 208 million tons with an average gold grade of 1.0 grams per ton, amounting to 197.4 tons of gold [1] - The mine's total reserves include 97 million tons of ore with an average gold grade of 0.9 grams per ton, equating to 87 tons of gold [1] Group 2: Economic and Operational Outlook - The Raygorodok gold mine is located in a significant gold-producing region in Kazakhstan, characterized by large resource volumes and a long service life [2] - The mine features mature processing technology and lower overall costs, indicating strong profitability potential [2] - It is projected 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]