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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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