Kazakhstan's AltynGold FY revenue up 95%; evaluating Sekisovskoye expansion

Altyngold

22/01/2026 07:10

Overview

Kazakhstan precious metals producer's FY 2025 revenue reached record $175.25 mln, up 95% YoY

Gold production for FY 2025 exceeded target, reaching 53,852 ounces

Company targets 52,000-55,000 ounces of gold production in 2026

Outlook

AltynGold targets 2026 gold production of 52K-55K ounces

Company evaluating further expansion at Sekisovskoye, decision expected by mid-2026

AltynGold finalizing Teren-Sai mining license application for 2026 approval

Result Drivers

EXPANDED PROCESSING CAPACITY - Increased processing capacity contributed to exceeding gold production targets, per CEO Aidar Assaubayev

FAVORABLE GOLD PRICES - Record revenue was achieved in part due to a favorable gold price environment

INCREASED ORE MINING - Ore mined in Q4 2025 increased 13% YoY, supporting higher gold production

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
$175.25 mln


Press Release: ID:nBwbXlTPGa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)