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Russia's Polyus: raising free float remains mid-term goal

4th September 2019

By: Reuters

  

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VLADIVOSTOK – Russia's largest gold producer Polyus is sticking to its mid-term goal of raising its free float to 25% to 30%, CEO Pavel Grachev said on Wednesday.

Grachev also said that Polyus was on track to produce 2.8-million troy ounces of gold and allocate $725-million for capital expenditure in 2019.

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Edited by Reuters

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