AltynGold Targets Mid-Tier Status With Next Phase of Sekisovskoye Expansion

An update from AltynGold Plc ( (GB:ALTN) ) is now available.

AltynGold Plc, a Kazakhstan-focused gold miner listed in London, has completed a major expansion of its Sekisovskoye processing plant to 1 million tonnes per annum, which has enabled the company to surpass production targets, post record revenues, and strengthen its financial position. Building on this, the company is finalising plans for a second-stage expansion at Sekisovskoye to lift processing capacity to between 2 million and 2.5 million tonnes per annum, alongside progress at its Teren-Sai asset, in support of its ambition to reach mid-tier production status.

The company will outline its growth strategy and expansion plans to the market over the summer, signalling continued investment in its Kazakh operations and potentially higher future output. AltynGold also confirmed it will hold its annual general meeting in London on 2 June 2026, where it will present operational and financial highlights for 2025 without disclosing material new information, and noted that it can only address shareholder questions that fall within its remit, distancing itself from an inheritance-related dispute involving one shareholder that it says is not a company matter.