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24

Russian Largest Gold Miner Plans London Listing

Russia's largest gold miner Polyus Gold, is planning an $8 billion London listing

Russia's largest gold miner Polyus Gold, the former Norilsk Nickel's subsidiary, is planning an $8 billion London listing early next year.

The company had received permission from the Federal Financial Markets Service of Russia to float 35 percent of the company outside the country, but did not specify where this would be.

Polyus hasn't yet commented the situation.