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Russia values seized stake in gold producer UGC at $1.9 billion ahead of auction in May

By Reuters April 20, 2026 Neutral
Russia values seized stake in gold producer UGC at $1.9 billion ahead of auction in May
The Russian property agency said on Monday it had ​valued a 67.2% stake in gold producer ‌UGC at 140.4 billion roubles ($1.85 billion) ahead of an auction to sell the stake, which will be held at ​the start of May.
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The Russian property agency said on Monday it had ​valued a 67.2% stake in gold producer ‌UGC at 140.4 billion roubles ($1.85 billion) ahead of an auction to sell the stake, which will be held at ​the start of May.