UgcRUS: UGLD

Russia starts auction to sell gold miner UGC, state property agency says

· Issued by Ugc

An auction to sell nationalised assets of businessman Konstantin Strukov, including a 67.2% stake in gold producer Uzhuralzoloto (UGC) has started, Russia's federal property management agency said on Thursday.

At least two qualified bidders were required for the auction.

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