Gold Miner May Revive London Listing After Russian Asset Sale
said the gold miner may revive its London listing once its sanctioned Russian unit has been sold.
However, the unit was put on sale when it was added to a US sanctions list in May. When that sale is completed, Polymetal will reconsider listing alternatives that previously included the United Arab Emirates. So far, Polymetal has received interest in the Russian business from more than 10 bidders, Nesis said. “Those are investors not only from Russia, but also from China as some Chinese companies are ready to take sanctions risks,” he said.
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