Top Russian gold miner Polyus Gold is seeking to merge with a foreign company
Top Russian gold miner Polyus Gold is seeking to merge with a foreign company.
"What we see globally in gold mining is that the industry is consolidating very fast," Chief Executive Yevgeny Ivanov told the newspaper in an interview.
"It is a big question for us whether we should participate in this process and build up the company to a top-three size."
Ivanov said his group was listing its ADRs in London because "we are opening up to a new, very large group of investors".