Polymetal buys precious metal deposit in the Far East for new shares

One of largest Russian producers of precious metals Polymetal has acquired a license for the development of the Primorskoye gold and silver deposit, located near the existing assets of the company in the Magadan region of Russia, for which it plans to pay with its new shares.

The seller was a Cypriot company Decamor Investments Limited.

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