Precious metals miner Polymetal has sold the Khakanja assets to a group of Russian buyers for $30-million in cash and assumed debt, advancing its strategy of selling smaller, short-lived assets.
The assets comprise the 600 000 t/y processing plant, other related infrastructure at Khakanja, and old stockpiles at Khakanja, Avlayakan and Ozernoye deposits with current ore reserves of about 0.1-million ounces of gold equivalent (GE).