Russia fails to auction stake in gold miner UGC, source says
[출처/시간] Reuters - 4:29 AM ET, 05/26/2026 MOSCOW, May 26 (Reuters) - ?The Russian ?state failed ?to auction a stake in gold producer Uzhuralzoloto (UGC) that it had seized last year, a source familiar with the progress of ?the bidding said ?on ?Tuesday. A Russian court ruled ?last July that a ?majority stake ?in UGC, previously ?owned by businessman ?Konstantin Strukov, should be ?seized ?and transferred to ?the state, part ?of a wider pattern o
[출처/시간] Reuters - 4:29 AM ET, 05/26/2026
MOSCOW, May 26 (Reuters) - ?The Russian ?state failed ?to auction a stake in gold producer Uzhuralzoloto (UGC) that it had seized last year, a source familiar with the progress of ?the bidding said ?on ?Tuesday.
A Russian court ruled ?last July that a ?majority stake ?in UGC, previously ?owned by businessman ?Konstantin Strukov, should be ?seized ?and transferred to ?the state, part ?of a wider pattern of nationalisations ?of ?assets of ?Russian companies and fleeing Western ?firms. (Reporting by Anastasia Lyrchikova; ?editing by ?Guy Faulconbridge)
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