German Pikhoya, a member of the management board of Russian nanotechnology company Rusnano and former CEO of gold producer Polyus, may become CEO of gold miner GV Gold.

Pikhoya has left Rusnano to “chair a large gold producing company,” Rusnano said without any specifications. Pikhoya said he would be ready to discuss the topic only in April.

GV Gold is operating in the Irkutsk region and the republic of Yakutia. In 2016, the company’s gold output stood at 163,800 ounces and revenue amounted to $203.6 million. (Prime/Ukrainian metal)

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