for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Russia's Polyus: raising free float remains mid-term goal

VLADIVOSTOK, Russia (Reuters) - Russia’s largest gold producer Polyus is sticking to its mid-term goal of raising its free float to 25-30%, Chief Executive Pavel Grachev said on Wednesday.

Grachev also said that Polyus was on track to produce 2.8 million troy ounces of gold and allocate $725 million for capital expenditure in 2019.

Reporting by Gabrielle Tétrault-Farber and Vladimir Soldatkin; writing by Polina Devitt; Editing by Louise Heavens

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up