You are here

China's Zijin Mining buys Kazakhstan gold mine for $1.2 billion

Section: Daily Dispatches

By Rajasik Mukherjee
Reuters
June 29, 2025

China's biggest gold and copper producer Zijin Mining said today it had agreed to buy one of the largest gold mines of Kazakhstan, the Raygorodok Gold Mine, for $1.2 billion.

Zijin said its unit Zijin Gold International and Jinha Mining, a subsidiary of Zijin Gold, had inked a deal to acquire the rights of RG Gold LLP and RG Processing LLP, the Kazakhstan-based gold mining firms that currently own and operate the Raygorodok gold mine. ...

... For the remainder of the report:

https://www.reuters.com/markets/commodities/chinas-zijin-mining-forks-out-12-billion-gold-mine-kazakhstan-2025-06-30/


... ADVERTISEMENT ...

Blue Lagoon Resources Added to CSE25 Index,
Is Among 25 Largest Companies on the Exchange
 
Company Announcement
Thursday, June 26, 2025

VANCOUVER, British Columbia, Canada -- Blue Lagoon Resources Inc. (CSE: BLLG; OTCQB: BLAGF; FSE: 7BL) is pleased to announce that it has been added to the CSE 25 Index, the Canadian Securities Exchange's benchmark index that tracks the top 25 issuers by market capitalization.

The CSE 25 Index is a subindex of the CSE Composite Index and includes the largest companies by market capitalization on the exchange. Inclusion in the index represents a significant achievement for Blue Lagoon, reflecting its growing market capitalization and strong shareholder support, and providing increased visibility among institutional investors.

"Being added to the CSE 25 is a meaningful indication of the progress we have made," said Rana Vig, president and CEO of Blue Lagoon Resources. "With a fully permitted project, funding in place, and gold production expected to begin this summer, our inclusion in the index is a reflection of both market confidence and the strength of our strategic execution." ...

... For the remainder of the announcement:

https://bluelagoonresources.com/wp-content/uploads/2025/06/News-Release_CSE25.pdf


Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:

https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Donations of $250 will entitle the donor to a 1-ounce silver round commemorating GATA's work:

https://www.gata.org/sites/default/files/GATA-silver-round-front.png