China's Zijin buys Kazakhstan gold mine for $1.2B ahead of overseas unit’s Hong Kong listing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 30 2025
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Should l Buy ?
Source: SeekingAlpha
Zijin Mining Acquisition: China's Zijin Mining has agreed to purchase the Raygorodok Gold Mine in Kazakhstan for $1.2 billion, aiming to enhance its gold reserves and production capacity.
Future Growth Plans: This acquisition is part of Zijin's strategy to become one of the world's top three gold producers by 2028, up from its current position as sixth.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
