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Gazprombank OAO Registers New Subsidiary in Amsterdam -Interfax

Sunday, 13 Jan 2013 09:29pm EST 

Interfax reported that Gazprombank OAO has registered the subsidiary GPB Mali Mining B.V. in Amsterdam at the end of December 2012, materials from the Russian bank show. Mali's mining industry falls within the interests of Gazprombank OAO's subsidiary GPB Global Resources, which was formed on the basis of GPB Neftegaz Services after it acquired projects in the mining sector in addition to its oil and gas fields. Mali is the third largest gold mining country in Africa and the fourth by reserves after South Africa, Ghana and Tanzania. Gazprombank already has a subsidiary in Mali - Mallian Russian Mining Company, which was set up to develop the gold project. 

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