The Global Resource For Connecting Buyers and Sellers

Polymetal ups stake in Kazakhstan project; starts board succession

Russian gold and silver miner Polymetal has increased its interest in the Dolinnoye gold property in Kazakhstan to 50%, after paying $1.6-million for an additional 25% stake.

The transaction completes an earn-in agreement between Polymetal and its partner on the property, which is set to feed its Varvara processing plant.