Polyus completes the conquest of the Pole

Polyus Gold is completing the registry change process. British Polyus Gold’s Mikhail Prokhorov and Suleiman Kerimov have announced an offer to buy the remaining free floating Russian company stock for a total of $ 1.4 billion. However, in reality, Polyus only needs to accept the owners ’offer of only 3.5% of the shares, about $ … Read morePolyus completes the conquest of the Pole

Polyus aims to increase production 2.7 times by 2016.

For 2016, OJSC Polyus Gold plans to increase the production of its Russian deposits 2.7 times, to 115 tons per year, making it one of the world’s five gold producers. This was reported by Interfax with reference to the company’s updated development strategy until 2020. In particular, the document approved by the board at a … Read morePolyus aims to increase production 2.7 times by 2016.