25th Jun 2020 09:05
Polymetal International PLC - gold and silver producer in Russia and Kazakhstan - Completes sale of North Kaluga mine in Russia to North Kaluga Mining Ltd for USD35.7 million. The deal, first announced in May, sees FTSE 100-listed Polymetal receive USD10.7 million in cash, plus royalties worth USD19.1 million and repayment of USD5.9 million in debt owed to Polymetal. North Kaluga is a copper and gold deposit in the Sverdlovsk region of central Russia.
Current stock price: 1,557.00 pence
Year-to-date change: up 31%
By Tom Waite; [email protected]
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