Where a businessman puts money.
Chinese banks do not want to work with Russian clients because of international sanctions.
They have already threatened with a lack of gold for external settlements of the country, which in the future can repeat the experience of Iran and North Korea.
The project will cost the company 325 million dollars.
The company can consolidate the Nezhdaninskoye gold field.
Ivan Kulakov got the control over Nezhdaninskoye.
After 10-15 years, the platinum group metals will account for one-fifth of the company's production.
Polymetal and Baker Steel Resources Trust Limited signed an agreement to buy 10% stake in Polar Silver Resources for $3 million, the companies said.
Alexander Nesis's ICT Group is ready to buy part of the shares.
According to RBC, billionaire Alexander Mamut, transfers part of its assets to minor children. The trust created for them will own his foreign assets and share in the silver miner company Polymetal.