Russia Tag

Polyus Gold (LSE:PLZL), Russia’s largest producer of gold, has announced it will buy an additional 25.1% in the Sukhoi Log deposit in an all-share deal worth US$145.9 million. The miner will pay state-owned Russian conglomerate Rostec in five tranches over the next five years for the...

Russia’s largest gold producing company Polyus Gold will return to the London Stock Exchange (LSE) less than two years after delisting, after making an ‘intention to float’ announcement on the market. The offering is expected to comprise at least 7% of its issued share capital, inclusive...

Rosneft (MCX: ROSN) has begun drilling of a well in the Northernmost region of the Russian Arctic shelf, drawing praise from President Vladimir Putin. The Tsentralno-Olginskaya-1 well was tapped in the Laptev Sea using an onshore facility drilling horizontally, and is the first of its kind...

Russia’s largest oil producer Rosneft (LSE:ROSN) has agreed an oil exploration deal with the National Oil Corporation (NOC) of Libya. Prior to the tumultuous period culminating in the overthrow of Colonel Gaddafi in 2011, Russia held significant investments in Libya, and is now looking to regain...