The eighth producer of gold GV Gold ("Highest") can carry out IPO to Russian Federation. general director declared companies it Herman Pikhoya in interview to agency of information agency "Bloomberg", daily business newspaper "Vedomosti" reports.
Placement of shares can take place in the first half of 2018 if market conditions are favorable. With banks the company already carried out preliminary negotiations, specified Herman Pikhoya. If necessary company is ready to postpone initial public offering until fall, he noted.
In December of mass media reported that GV Gold agreed about purchase of "Gold of Kamchatka" at JOINT-STOCK COMPANY "GROUP OF COMPANIES "RENOVA" Viktor Vekselberg for $500 million taking into account a debt of companies. In case of end of the transaction of GV Gold will pass from the eighth to the sixth place among the largest gold miners Russian Federation.
of GV Gold in 2017 extracted 215.41 thousand troy ounces of gold. By 2020 of GV Gold plans to increase the annual volume of productions to 320 thousand ounces.
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