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Russian finance ministry hopes to sell state's stake in gold miner Uzhuralzoloto in March, RIA says
Russian finance ministry hopes to sell state's stake in gold miner Uzhuralzoloto in March, RIA says
About this update from Ugc
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.