Polyus Gold sold assets in Kazakhstan and Kirgizia

The largest Russian gold producer Polyus Gold closed the deal on a sale of assets in Kazakhstan and Kirgizia to a group of secret offshores, the company stated on Thursday. Polyus Gold wanted to sell Kazakhaltyn, which is on a balance of its affiliate, and an asset in Kirgizia to former shareholders of KazakhGold, the Asaubaev family, three times. Last time Polyus Gold wanted $385 million for the deal. But the purchaser has failed to find money.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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