Kazakh Family's Company Earns $42.7 Million from Gold Mine in First Half
AltynGold, a company owned by a prominent Kazakh family, reported earnings of $42.7 million in the first half of the year, a 58% increase. The company plans to boost the Sekisovskoye field's capacity to 1 million tons of ore annually. Revenue rose 64.6% to $115.2 million, with record half-year profits.
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