Russia's finance ministry hopes to sell the state's stake in gold producer Uzhuralzoloto (UGC) RUS:UGLD in March, Deputy Finance Minister Alexei Moiseev said on Wednesday, the state RIA news agency reported.
A court in the Russian city of Chelyabinsk ruled last summer that businessman Konstantin Strukov's majority stake in UGC should be transferred to the state.
"This (the sale) requires a decision by the government, which has not yet been made. However, I sincerely hope that it will be made in the very near future... I hope that the sale will take place in March," Moiseev was quoted as saying by RIA.