In 2017 Vysochaishy (GV Gold) intends to sell 5 tons of gold to Lanta-Bank.
According to the company statement, it has concluded 2 agreements with the bank to sell 4.32 tons and 680 kg of gold ingots (99.99). The gold has to be delivered by December 31.
The deal is evaluated at 11.4 billion rubles.
Vysochaishy is one of the top-10 gold-mining companies in Russia. It has 13 licensed sites with 632 tons of gold (20.32 million ounces).
In 2015 the company mined 5.6 tons of gold, up by 2.6% YoY. In 2016 it expects to mine 5.2 tons. (Ukrainian metal)