Russia's Polyus Gold recommends not to pay 2013 dividend

Wed, 26 Mar - 10:18pm

MOSCOW, March 26 (Reuters) - Russia's biggest gold miner Polyus Gold PGIL.L said on Wednesday its board had recommended not to pay a dividend for 2013.

Polyus Gold, part-owned by businessman Suleiman Kerimov, posted an 85 percent fall in full-year profit on Tuesday, hit by a $472 million impairment charge because of the plunge in gold prices last year.

(Reporting by Diana Asonova and Polina Devitt)

((Polina.Devitt@thomsonreuters.com)(+7 495 775 12 42)(Reuters Messaging: polina.devitt.reuters.com@reuters.net))

Keywords: RUSSIA POLYUS GOLD INTE/

URN: 
urn:newsml:reuters.com:20140326:nL5N0MN2RI:4
Topics: 
GB EEU CMPNY PREC MINE METL RTRS MIN GDM BMAT GOL EUROPE RES CISC MET EUROP COM ASIA EMRG LEN RU PREMTL BACT DIV WEU MTAL CEEU

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