Russian Finance Minister Anton Siluanov announced the tightening of control over the production and export of gold. The Russian Minister stated this, speaking in the State Duma, the lower house of the Federal Assembly (parliament).
as for gold mining companies, I think that it is not necessary to nationalize, still a private business. But it should be under control. Now we are additionally enhancing control over the prey itself, we are strengthening control over export operations. I think that there is no extraordinary measures and nationalization, ”said Siluanov, whose words are given by Russian media.
On July 3, the Russian Prosecutor General’s Office filed a lawsuit with the arrest of the assets of the Yuzhuralzoloto assets – the fourth largest gold mining of the country – on charges of corruption.