M&A

Polyus to buy out Sukhoi Log partner

Russia’s Polyus is to buy out its minority partner in the Sukhoi Log project – a subsidiary of Rostec – for $128.2 million.

Staff reporter
Polyus' Sukhoi Log project in Russia would take the company's production to more than 4.5Mozpa from 2026-27

Polyus' Sukhoi Log project in Russia would take the company's production to more than 4.5Mozpa from 2026-27

Polyus previously held 78% in the project's holding company, SL Gold. Analysts at Morgan Stanley said the announcement "should not come as a surprise given that Polyus had a series of options which...

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