CAPITAL MARKETS

Russian silver sale breaks new ground

RUSSIA’S entry into the world of conventional commerce has taken another step forward with the Polimetall group announcing it will sell 200 tonnes of silver under a direct contract, bypassing the traditional government-authorised deal.

Tim Treadgold
Russian silver sale breaks new ground

Polimetall general director Vitaly Nesis told Reuters that “it’s a key achievement for us in establishing a direct deposit-to-customer relationship” The silver is destined for banks and metal trading...

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