Polymetal International PLC (POLYP.L)
|Market Cap (Mil.):||£2,532.05|
|Shares Outstanding (Mil.):||389.47|
* Polymetal has reserve prices of $1,300/oz for gold and $22.5/oz for silver
* Russian gold miner Petropavlosk relegated to small caps
* Net profit up 38 pct, misses f'cast due to tax provisions
MOSCOW/LONDON, Feb 22 - Russian billionaire Mikhail Prokhorov has sold his stake in London-listed gold miner Polyus Gold to two Russian buyers for $3.6 billion after approval from British regulators.
* UK panel was examining whether buyers working together-sources
MOSCOW/LONDON - Doubters have long said it would make no sense to attempt a mega-merger of Russia's top gold miners - the country is too big, its reserves too far flung, the politics too tricky.
MOSCOW/LONDON, Feb 14 - Doubters have long said it would make no sense to attempt a mega-merger of Russia's top gold miners - the country is too big, its reserves too far flung, the politics too tricky.
MOSCOW, Jan 30 - Russian precious metals miner Polymetal said on Wednesday it may pay another special dividend this year after announcing a 31 percent increase in 2012 production and giving upbeat output guidance.
MOSCOW, Jan 29 - Two Russian billionaires have been shortlisted to buy a stake in Polyus Gold, sources said, in a deal which could pave the way for a merger with rival Polymetal to create a national gold mining champion.
* Partners with VTB Capital for $10 mln cash-and-share deal