Polymetal Group, an Anglo-Russian precious mining company, is weighing the idea of selling its assets in Russia. The company wants to focus on projects in Kazakhstan, according to the company’s press release on the official website.
The company has officially confirmed that it «has been considering a potential modification of its asset holding structure which would ensure distinct ownership in the various jurisdictions in which the company operates. The company announced that it is evaluating the potential disposal of the company’s assets located in the Russian Federation.»
«If completed, the potential transaction would result in the company focusing primarily on...