Polyus buys another 25% stake in Sukhoi Log

July 14, 2017

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Russian gold major Polyus has moved to gain 100% ownership of the Sukhoi Log licence – one of the world’s largest untapped gold deposits.
The company announced this week that it had entered into a number of option agreements with a subsidiary of State-owned Rostec to acquire an additional 25.1% participation interest in Sukhoi Log for $145.9-million.

Category: General