RG Gold has successfully completed the construction project of the mining and processing plant and has repaid its loan to the Development Bank of Kazakhstan ahead of schedule. The loan was obtained in May 2021

Initially, the total project cost was estimated at $424 million, but through optimization of engineering solutions, the actual expenses amounted to about $400 million. Of this, 30 percent was financed by the shareholders’ own funds (the Verny Capital Group of companies and the American private equity fund Resource Capital Funds), while the remaining 70 percent was covered by the loan from the DBK. Just one year later, the company reached its planned production capacity, and in September of this year, it made a full early repayment of the loan, including accrued interest.