Zijin to buy Kazakh gold mine for US$1.2 billion

zijin-to-buy-kazakh-gold-mine-for-us$1.2-billion
ASIA

Plans to boost output

Landscape of national park in Burabay, Kazakhstan.

Landscape of national park in Burabay, Kazakhstan. | Credits: Shutterstock.

Chinese mining giant Zijin has signed an agreement to buy RG Gold’s Raygorodok gold mine in Kazakhstan for US$1.2 billion, with plans to expand production capacity.  The agreement is for Zijin’s Singapore-based…

Start a free trial to continue reading this article

Already have an account? Sign in here

The definitive guide to mining operations and excellence.

Established in 1909 by Herbert Hoover, Mining Magazine provides comprehensive technical insight into mining operations. It aims to inform and support mine management in decision-making regarding mining techniques, technologies, workforce, logistics, and supply chains.

Subscribe now

Get the Mining Magazine Newsletter delivered free each day