USD 65.6046

0

EUR 72.6243

0

BRENT 59.13

0

AI-92 42.31

0

AI-95 46.04

-0.03

AI-98 51.8

+0.04

Diesel 46.03

+0.01

4

Polyus Gold Considers Foreign Merger

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".