ZIJIN GOLD INTL's stock price surged 5.20% in Tuesday's pre-market trading session following news that its parent company, Zijin Mining, has completed a significant acquisition in Kazakhstan. The company's controlled subsidiary, Zijin Gold International, finalized the purchase of a 100% interest in the Raygorodok Gold Mine (RG Gold Mine) through its wholly-owned subsidiary.

The RG Gold Mine acquisition is poised to substantially boost Zijin Mining's gold production capabilities. According to the company's statement, the mine boasts impressive proven reserves as of June 30, 2025, with measured and indicated ore reserves of 208 million tons and a gold metal content of 197.4 tons. The proven reserves alone amount to 97 million tons of ore with 87 tons of gold metal content.

This strategic move aligns with Zijin Mining's ambitious growth plans. The company expects the RG Gold Mine to play a crucial role in achieving its 2028 target of 100-110 tons of mineral gold production annually. The mine's current production of approximately 6 tons of gold per year (based on 2023-2024 data) provides a solid foundation for future growth. Investors are likely responding positively to the potential for increased production and the mine's strong profitability prospects, which include expectations of a short investment payback period and favorable economic benefits.