Polymetal plans to develop Veduga gold field in JV with Canadian investor, Russian bank

摘要

Polymetal Int plans to develop the Veduga gold field in a joint venture with Krasnoyarsk-based LLC Sibproekt, a Canadian investor and a leading Russian bank, company head Alexander Nesis said at a February 7 press conference. "Yes, we are buying AngloGold's stake in the project, but not in order to work at the field independently - rather, in order to create a new joint venture with several other participants," he said.