Economy01.02.2024 - 13:36

Gold miner Polymetal plans to sell assets in Russia by the end of the first quarter of 2024

There is one potential buyer from Russia

Фото: sobaka.ru

Polymetal plans to sell its Russian assets by the end of the first quarter of 2024. This was announced by the head of the company, Vitaly Nesis. The deal is likely to be submitted for shareholders' approval as early as February.

There is one potential buyer for the assets, he is from Russia. Negotiations are underway with him.

At the same time, Polymetal has excluded from the list of bidders the structures that are under Western sanctions.

The potential buyer has been in contact with the Federal Antimonopoly Service of the Russian Federation regarding the approval of the deal. Nesis believes that there will be no problems with the approval.

Polymetal is a silver producer and one of the leading gold miners in Russia. Its enterprises are located in Khabarovsk region, Yakutia, Sverdlovsk and Magadan regions, Chukotka and Kazakhstan.

Earlier it was reported that European countries increased imports of Russian fertilisers.

By the way, demand for office and retail property is growing in St. Petersburg.

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