- Polymetal International said it had completed a non-cash exchange of its Tarutin property in Russia for 85% of the East Tarutin copper-gold property in Kazakhstan.

The asset swap with Russian Copper Company previously announced on 16 April.

East Tarutin was a natural fit for the company and would simplify operations by avoiding the complication of cross-border ore shipments, Polymetal chief executive Vitaly Nesis said.

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