Polyus Gold (MICEX:PLZL RTS:PLZL) (Russian: По́люс Зо́лото, Polyus Zoloto) is a Russian mining and metallurgy company primarily concerned with the production of gold. Polyus is the largest gold producer in Russia.
Polyus is controlled by Russian businessman Vladimir Potanin's Interros conglomerate.
In 1990 Polyus was restructured as a closed joint stock company, then went public. It is part of the Interros holding. The company's stock is traded o...
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Polyus Gold (MICEX:PLZL RTS:PLZL) (Russian: По́люс Зо́лото, Polyus Zoloto) is a Russian mining and metallurgy company primarily concerned with the production of gold. Polyus is the largest gold producer in Russia.
Polyus is controlled by Russian businessman Vladimir Potanin's Interros conglomerate.
In 1990 Polyus was restructured as a closed joint stock company, then went public. It is part of the Interros holding. The company's stock is traded on the RTS and MICEX exchanges in Russia and on New York's OTC stock exchange, as well as on the London Stock Exchange as ADRs. The company was worth about nine billion dollars by the end of 2006.
Polyus was founded in 1980 by Hazret Sovmen and began working the Olympiad gold field. In 1994 the company obtained the mining license to operate the Olympiada mine. Two years later smelting operations began.
Lenzoloto, located in the Bodaybo region, was formed in 1921 by the nationalization of over 400 exgtant gold producers in Siberia. In 2003,...
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