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Company NewsJune 29, 2006 METROPOL Group of Companies signed a preliminary agreement with the Swedish Lundin Mining Corporation for creation of a joint venture, in which 51 % of shares will belong to METROPOL Group of Companies, and 49 %, Lundin Mining. The enterprise is being established for development of the Ozerny lead and zinc deposit in the Republic of Buryatia. Lundin Mining estimated its stake at $125 million. According to preliminary arrangements, the transaction is to be concluded in August 2006.June 20, 2006 As per Forbes magazine, IFC METROPOL ranks 13th among the most successful companies – IPO arrangers.June 15, 2006 Mr. Mikhail Slipenchuk delivered a report at the Forum of Industrialists and Businessmen of the Shanghai Cooperation Organization (SCO) member states on June 15. |
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