According to an announcement from London-listed Polymetal International PLC, the company has entered into binding agreements with Sumeru Gold B.V. and Sumeru LLP to acquire the Kyzyl gold project in north-eastern Kazakhstan for $618.5 million. The project hosts a 6.7 million ounce deposit (average grade of 7.5g/t gold) which will immediately double Polymetal’s booked reserves. … Continue Reading