GOLD MINING, EXPLORATION
AND DEVELOPMENT COMPANY
AND DEVELOPMENT COMPANY
Founded in 1997, the Company is headquartered in London, UK
The company was awarded the subsoil user rights for Teren-Sai. The exploration database contains results from 261 drillholes of total 95 588 r.m.
This mine is the company's main asset.
The open pit gold mine has been transitioned to underground and is progressing to ramp-up operations.
The open pit gold mine has been transitioned to underground and is progressing to ramp-up operations.
WITH ASSETS
IN KAZAKHSTAN
IN KAZAKHSTAN
Gold mining assets located
in a major industrial area
of Kazakhstan
in a major industrial area
of Kazakhstan
100,000
OZ/YR
Targeted run-rate
production for ~9 years
production for ~9 years
London listed main board company AltynGold Plc has been operating the Sekisovskoye mining started in 2008, initially it was an open pit operation. Since 2017, all production is from higher-grade underground operations.
The company has a production mine with a processing plant, infrastructure and a significant asset base.
The company has a strategy to deliver transformational growth at Sekisovskoye mine, through its development of the underground mine, with targeted annual production run rate of 100,000 oz of gold.
SINCE 1997
WORKING
HIGHLIGHTS
FOR INVESTORS
There are currently 27,332,934 ordinary shares of nominal value £0.10 each in issue. There are no shares held in treasury.
The Competent Persons report completed in 2019 indicated proved reserves under the JORC 2012 classification of 3.47Moz and attractive gold grades 3.61 g/t.
The Company's aim is to produce 100 thousand ounces of gold production under phase 1 of the underground development plan (from the current level down to -50masl depth). At 31 December 2022 the company was operating at depths between 117masl and 150 masl.
SUBSCRIBE
Enter your email below to be added to our mailing list
REPUBLIC OF
KAZAKHSTAN
Kazakhstan is one of the largest and strongest performing economies in Central Asia. Its development has been principally based on the country's vast natural resources.
Watch video
about Kazakhstan
about Kazakhstan