AltynGold | 3Q25 update, growth strategy
AltynGold has released its 3Q25 operational update which confirms that the company is fully on track to produce at least its 50Koz gold production guidance for 2025. Coupled with the rising gold price, revenue increased 89% YoY for the quarter and by 85% YoY for the first three quarters. Moreover, the company has clarified its plans for growth, focusing on expansion of its Sekisovskoye mine with capacity slated to increase to 2.0-2.5Mte pa from the current 1Mte pa and achieving AltynGold's vision of becoming a mid-tier producer. Even after this further increase in capacity, the remaining low cost resource base at Sekisovskoye and the undeveloped Teren Sai asset would be capable of supporting significant additional growth.
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