Polymetal International plc has completed the deal to exchange its Tarutinskoye deposits in Russia for an 85% share in the Vostochno-Tarutinskoye deposits in Kazakhstan without additional payment.
The deal was announced on April 16.
“The Vostochno-Tarutinskoye is a good addition to our Varvarinskoye enterprise, which will simplify operational management by removing difficulties with transferring ore over the border”, Polymetal executive director Vitaliy Nesis said. (Ukrainian metal)