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Polymetal to sell stake in Kazakh Dolinnye gold property
Polymetal International said it had agreed to sell its 50% stake in the Dolinnoye gold property in Kazakhstan to local miner Altynalmas.
Polymetal's venture partner Dolfinflip is also selling its 50% stake. The pair will collect $33.5m, subject to working capital adjustments, the company added.
The transaction is expected to close in the second quarter of this year.