News
29 November 2019

VTB agrees €470m loan to Kazakh gold group

In:
Metals and Mining
Region:
Asia-Pacific

VTB has granted a loan for up to €470 million ($518 million) to a group of gold mining companies in Kazakhstan. Altynalmas will use the loan to buy a controlling stake in gold miner Kazakhaltyn, to finance the Aksu gold mining project and to optimise its debt portfolio.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
14 July 2026

Uncertainty is the unwelcome gift, but pipeline grows for...

Speaking at TXF Global, Jebsen & Jessen CEO Ralf Schwarzhaupt highlighted a booming project pipeline despite Middle East headwinds, calling for fewer regulations, faster...

Perspective
15 July 2026

KBU: A lesson in long ECA tenors in Africa

Long tenors remain the scarce commodity in Sub-Saharan social infrastructure. But Mitrelli has reached financial close on a 19-year Atradius-backed loan for the Katyavala...