USD 63.9542

-0.06

EUR 71.1299

+0.23

BRENT 59.29

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AI-92 42.27

0

AI-95 46.03

0

AI-98 51.79

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Diesel 46.19

+0.03

9

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".