UPDATE 1-Polyus Gold eyes Kazakhgold majority stake

(Releads, adds Polyus Gold's confirmation)

MOSCOW, Sept 26 (Reuters) - Russia's top gold producer Polyus Gold PLZLq.L said on Friday it had approached Kazakh gold miner Kazakhgold KZGq.L in connection with a possible offer for a controlling stake in the London-listed miner.

Polyus said there could be no certainty of a final offer, which would also require approval from U.K. regulators.

Interfax news agency also quoted an unnamed source close to Polyus' shareholders as saying the board of Polyus will discuss buying a 50.1 percent stake in KazakhGold at a meeting on Sept. 30 and that the acquisition may be for cash and Polyus shares.

Kazakhgold said in a statement that it had received an offer to sell 50.1 percent of its share capital for a mix of cash and shares, although it did not say who had made the offer.

"There can be no certainty that any partial offer for the issued share capital of the company will be forthcoming nor as to the terms on which such an offer might be made," a Kazakhgold statement said.

Polyus stakeholder ONEXIM Group declined to comment on the specific acquisition while confirming the board meeting agenda.

"The issue of international expansion is on the agenda of the board meeting," said a spokesman for group, an investment vehicle of the second-largest shareholder Mikhail Prokhorov. He declined to elaborate.

Kazakhgold is Kazakhstan's largest gold miner. It produced 232,060 ounces of gold in 2007. Polyus produced 1.2 million ounces last year.

Recent Russian media reports said ONEXIM had offered to buy a 35 percent Polyus stake controlled by Potanin [ID:nL023092] and that a similar offer had been made by tycoon Suleyman Kerimov [ID:nLQ417377]. (Reporting by Aleksandras Budrys and Alfred Kueppers; Editing by Hans Peters)