Polymetal sells Russian asset

Mining giant Polymetal International has sold its Veduga gold deposit in the Krasnoyarsk region of Russia for twenty million dollars.

Mining giant Polymetal International has sold its Veduga gold deposit in the Krasnoyarsk region of Russia for twenty million dollars.

The deal with Canadian firm Polygon Gold also sees Polymetal receive 750 shares in the former, taking its stake in the company to 81.8%.

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