Polyus Gold International Chairman to step down
Russia-focussed gold production company Polyus Gold International has announced that Robert Buchan, Chairman of the company, will resign from the board at the conclusion of the company's 2013 annual general meeting.
Russia-focussed gold production company Polyus Gold International has announced that Robert Buchan, Chairman of the company, will resign from the board at the conclusion of the company's 2013 annual general meeting.
The company said that Buchan had recently been appointed as President and Chief Executive Officer of Allied Nevada Gold Corp, a US-based gold mining and exploration company, in addition to his position as Executive Chairman of that company.
Polyus Gold International said that its nominations committee, which is comprised solely of independent directors, had initiated a search for a new independent Chairman of the board.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Polyus Gold International's share price was down 4.19% to 200p at 11:58 on Monday.
MF
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
House prices rising fastest in areas with highest crime rates – where does your area rank?
Property prices are higher in safer areas but growing more slowly than in places benefiting from gentrification and buy-to-lets
-
State pension age review launched – could it rise faster in future?
The government has announced a review of the state pension age, after it warned of a “retirement crisis” and revived the Pensions Commission to boost pension savings