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. Last Updated: 07/27/2016

Petropavlovsk Inks Deal

Petropavlovsk said Tuesday that it signed an agreement with Gazprom’s pension management company to create a $100 million fund to invest in gold mines in the country.

“A number of such gold mining businesses have already been identified,” the company said. The fund will invest in “acquisition and development,” it added.    

(Bloomberg)