Russia to auction 67.2% stake in Yuzhuralzoloto Group on May 8. The state-seized gold mining assets are valued at over 162 billion rubles, with bidding set to conclude by May 18.
Russia's Federal Agency for State Property Management (Rosimushchestvo) announced an auction to sell a 67.2% stake in the Yuzhuralzoloto Group, following a court order to seize the assets for the state. The auction is scheduled for May 8, with a starting valuation of approximately 162 billion rubles.
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