AltynGold plc

AltynGold plc is a United Kingdom-based public limited company engaged in the exploration, development, and production of gold and silver from mine sites in Kazakhstan. It primarily operates the Sekisovskoye gold and silver deposit, located near Ust Kamenogorsk in northeast Kazakhstan, and the adjacent Teren-Sai project in eastern Kazakhstan, both managed through wholly owned subsidiaries DTOO GRP Baurgold and TOO GMK Altyn MM. The company focuses on producing gold doré bars and other precious metals, with sales concentrated entirely in the Republic of Kazakhstan, reaching 96.52 million in 2024 from its mineral resource activities. AltynGold plc holds approximately 7 million ounces of gold in reserves and resources, including 4 million in measured and indicated categories, positioning it as an emerging mid-tier producer with annual output around 50,000 ounces. Headquartered in London and founded in 2004, it employs 530 people and plays a role in the diversified mining sector, particularly integrated mining of precious metals. Major shareholders include African Resources Ltd., which holds a 65.53% stake. Leadership features family involvement, with Aidar Assaubayev as CEO and Kanat Assaubayev as Chairman.