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Petropavlovsk, Leader discussing gold investment fund.
Russia & CIS Business and Financial Newswire
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October 6, 2009
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Petropavlovsk, Leader discussing gold investment fund
MOSCOW. Oct 6 (Interfax) - Minerals group Petropavlovsk Plc and the Leader Management Company (UK Lider) are thinking of setting a gold investment fund up, Petropavlovsky said in a statement.
The companies have signed a memorandum of understanding, setting down the general principles by which Leader would invest funds and Petropavlovsk would contribute funds and appraise projects.
"We're talking about investing in gold assets, and this won't have anything to do with the company's core business," ...
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