China-Kazakhstan Cooperation: China's Mining Giant Zijin Mines Enters Kazakhstan
Editor's Note: The world's largest landlocked country and the largest economy in Central Asia is rich in mineral resources, attracting great attention from various capitals, especially European and American capital. Some mainstream Kazakhstani media hope that Kazakhstan becomes a "raw material empire".
American capital controls three world-class oil fields in Kazakhstan, while European capital, mainly from the Netherlands and France, occupies Kazakhstan's mineral resources.
Recently, Ambassador Shakhlat Nureshev of the Republic of Kazakhstan met with the Vice President of Zijin Gold International and the Executive General Manager of the International Division of Zijin Mining Group.
During the meeting, both sides discussed the existing projects and future development prospects of Zijin Mining Group in the mining and metallurgy industry in Kazakhstan.
The Kazakhstani ambassador emphasized that Kazakhstan highly values the cooperation with Zijin Mining Group, considering it one of the leaders in China's mining and metallurgy industry.
Zijin Mining Group is a multinational mining and metal company established in 2000. It ranks sixth among metal mineral companies, first in China's gold mining enterprises, and is ranked 364th on the Fortune Global 500 list, and 251st on the Forbes Global 2,000 list. The company's shares are listed on the Hong Kong and Shanghai Stock Exchanges.
According to 2024 data, the company has copper resources of 110 million tons, gold of 3,528 tons, zinc and lead of 12.9 million tons, silver of 32,000 tons, and lithium of 17.8 million tons (including proven, controlled, and inferred resources).
The company's revenue in 2024 was 41.9 billion U.S. dollars, assets were 52.7 billion U.S. dollars. Annual net profit was 4.5 billion U.S. dollars, including 3.24 billion U.S. dollars in the first half of 2025. The company has more than 55,000 employees.
In June 2025, China's Zijin Mining Company signed an agreement to acquire 100% equity in the Raygorodok gold mine located in the Akmola region from the Kazakhstani RG Gold Company. Raygorodok is one of the largest producing gold mines in Kazakhstan.
Sources: Tengen News
Original: www.toutiao.com/article/1841193620501504/
Statement: This article represents the views of the author himself