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£190m IPO for Russian miner
PLATINUM miner and producer Russian Platinum is considering going public to raise around $300m (£189m), according to reports from Moscow.
The company may hire Morgan Stanley and Goldman Sachs, a source told Reuters.
Russian Platinum, formed in 2011 from producer Amur’s platinum assets, produced 3.7 tonnes of platinum last year.
A company spokesperson declined to comment.