Polyus Gold's exploration assets sale on hold-CEO

DENVER, Sept 10 | Wed Sep 10, 2008 5:46pm EDT

DENVER, Sept 10 (Reuters) - Polyus Gold's plan to spin-off its geological exploration assets was put on hold because of a shareholder disagreement, the chief executive of Russia's biggest gold producer said on Wednesday.

Evgueni Ivanov, CEO and general director of Polyus (PLZL.MM) PLZLq.L, told Reuters in an interview during the Denver Gold Forum that the company would not be interested in buying gold reserves when it comes to growth as Polyus already owned substantial reserves. (Editing by Marguerita Choy)

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