Polyus Buys Remaining 22% of SL Gold for $128.2 Million
September 23 2020 - 11:05AM
Dow Jones News
By Ian Walker
Polyus PJSC said Wednesday that it is buying the remaining 22%
of SL Gold Limited Liability Company, holder of the Sukhoi Log gold
deposit license, for $128.2 million in cash.
The gold producer said in April that the indicated and inferred
mineral resources at Sukhoi log was estimated at 63 million ounces.
It plans to publish a maiden estimate of ore reserves later this
year.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
September 23, 2020 10:50 ET (14:50 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
PJCS Polyus (CE) (USOTC:OPYGY)
Historical Stock Chart
From Mar 2024 to Apr 2024
PJCS Polyus (CE) (USOTC:OPYGY)
Historical Stock Chart
From Apr 2023 to Apr 2024
