Polymetal, one of Russia's largest gold and silver miners, decided to sell its Armenian Kapan mine to Kyrgyzstan-based Chaarat Gold Holdings for $55 million, the company said.
Polymetal is a top-20 global gold producer and top-5 global silver producer with assets in Russia, Kazakhstan and Armenia.
Chaarat Gold, incorporated in the British Virgin Islands, develops the Kumtor gold deposit in Kyrgyzstan.
![November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes](https://en.vestikavkaza.ru/upload2/s400xfull/2025-12-02/1764706769692f49d1538777.83780174.webp "November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes")
