I. General Overview
| Category | Details |
| Project Name | AKSU Gold Mine (also known as Aqsu), including the Quartzite Hills deposit. |
| Location | Akmola Region, Northern Kazakhstan. Approx. 18 km north of Stepnogorsk and 180 km southeast of Kokshetau. Coordinates: 52°27’3″ N, 71°57’45″ E. |
| Operator | Aksu Technology LLP, a subsidiary of AK Altynalmas JSC. |
| Mining History | One of Kazakhstan’s historic sites; operations began in 1929 (Aksu) and 1954 (Quartzite Hills). |
| Tenement Scope | Comprises six mining sectors: Zapadnyi (West), Tsentralnyi (Central), Staratelskyi, Oktyabrskyi I, Oktyabrskyi II, and Budennovskyi. |
II. Resources, Reserves & Grades
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Primary Mining Areas: Current underground operations are centered on the Oktyabrskyi II sector. Concurrent exploration is underway at the West, Oktyabrskyi I, and Budennovskyi sectors.
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Resource Estimation: Conducted by SRK Consulting in accordance with JORC standards, covering Quartzite Hills and adjacent Oktyabrskyi deposits. This includes the Kotenko Open Pit and the planned Kariernoye Pit.
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Production Scale: Annual output is approximately 770 kg (~24,750 oz) of gold. Notably, in 2021, the mine produced 48,000 ounces.
III. Mining & Processing Facilities
1. Mining Methods
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Underground Mining: Utilizes four operational shafts (including a dedicated ventilation shaft). Primary targets include the Quartzite Hills, Central, and Budennovskyi vein zones, and the Northern Oktyabrskyi ore bodies.
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Open-Pit Mining: Commenced in November 2020 within the Aksu ore field, centered on the Kotenko Pit.
2. Gold Recovery Plant (GRP)
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Commissioning: Officially entered commercial operation on August 25, 2021.
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Throughput Capacity: 5 million tonnes of ore per annum (Mtpa), making it one of the largest and most advanced gold processing facilities in Kazakhstan.
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Technical Highlights: Employs modern gold extraction technologies that significantly extend the Life of Mine (LOM) for the Aksu district.
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Strategic Milestone: This represents the 5th gold plant built and launched by AK Altynalmas JSC in the past decade.
IV. Operations & Development Dynamics
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Operational Performance:
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2021: Produced 48,000 ounces of gold following the full commissioning of the GRP.
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Exploration: Aggressive drilling programs continue in the West, Oktyabrskyi I, and Budennovskyi sectors to identify new resource reserves.
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Corporate Background:
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AK Altynalmas JSC is a premier Kazakh gold producer, managing 9 gold mines across the Zhambyl, Karaganda, Abay, and Akmola regions.
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The company aims to lead the Central Asian gold mining sector with a focus on sustainable development and environmental stewardship (ESG).
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Post time: Feb-11-2026
