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gold investing

Polygon Buys Veduga Stake from Polymetal

Investing News Network
May. 14, 2012 07:55AM PST
Precious Metals Investing

Reuters reported that Polymetal (LSE:POLY) sold 18.2% of its Veduga gold deposit to Polygon Gold.

Reuters reported that Polymetal (LSE:POLY) sold 18.2% of its Veduga gold deposit to Polygon Gold.

As quoted in the market news:

Polymetal said the deal would allow it to benefit from development of the asset through keeping a stake of more than 80 percent.

Click here to read the full Reuters report.

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