Zijin Mining acquires the Kazakhstan RG Gold for 1.2 billion: the largest transaction in the sector for 6 years

Chinese Zijin Mining acquires a 100% shares in the RG Gold and RG Processing-owners of the Raigorod field project in the Akmola region.

The transaction amount will be 1.2 billion and will be adjusted by the principle of Cash-Free and Debt-Free. The agreement is signed with Cantech S.A.R.L., the closure is expected on September 30, 2025.

Raigorodok - one of the largest gold deposits of Kazakhstan with reserves of about 100 tons of gold (7.6 million ounces of jorc) and annual production of 5.5 tons, with a potential to increase to 10 tons.