Polyus sells stake in gold deposit in Russia for $158 mln
21/03/2017 07:09
MOSCOW, March 21 (Reuters) - Polyus PLZL.MM , Russia's
largest gold producer, has agreed to sell its 82.34-percent
stake in a joint venture with Polymetal POLYP.L which holds
rights to develop the Nezhdaninskoye gold deposit in Russia's
far eastern Yakutia region.
The stake will be sold for $158 million to Ivan Kulakov,
former managing director of Highland Gold Mining HGM.L , Polyus
said in a statement on Tuesday.
(Reporting by Polina Devitt; editing by Maria Kiselyova)
((Polina.Devitt@thomsonreuters.com; +7 495 775 12 42; Reuters
Messaging: polina.devitt.reuters.com@reuters.net))
Keywords: RUSSIA POLYUS/M&A