The company, which produced 697,000 ounces of gold in the first half, has not been the direct target of sanctions but is caught up in the fallout
(Picture: Provided by Polymetal)The former FTSE 100 Russian gold and silver miner Polymetal has said it is considering moving its main corporate base out of the sanctions-hit country.
The company, which also operates in Kazakhstan, said a “a potential re-domiciliation” to a “friendly jusrisdiction” was under consideration. It announced the potential sale of its Russian mines in July. They accounted for almost 60% of its revenue in the six months to June 30.
