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AltynGold PLC - mining company targeting gold in Kazakhstan - Says it has undergone a ‘transformational period’, which has seen the company expand annual production capacity at the Sekisovskoye mine to 1 million tonnes. Currently, the company is finalising plans for a second-stage expansion of Sekisovskoye to between 2 million and 2.5 million tonnes per year, alongside progressing the development of the Teren-Sai prospect. Says this supports its goal of becoming a mid-tier producer and plans to update further over the summer. Also notes that it has received questions related to a preliminary request for an investigation ‘in the context of a family and inheritance dispute relating to one of its shareholders’. AltynGold notes: ‘It is not a matter in respect of the company and, in any event, the company has been advised that the underlying allegations are without merit. As such, the company can only respond to questions regarding matters within its remit and where it is legally able to do so.’ Current share price: 1,005.00 pence, closed down 0.5% on Wednesday in London 12-month change: more than doubled from 410.00p Copyright 2026 Alliance News Ltd. All Rights Reserved.
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