05 August 2003 02:39
Rosbank buys 10.8 tonnes of gold in H1
MOSCOW. Aug 5 (Interfax) - Rosbank acquired 10.8 tonnes of gold on the primary and secondary Russian precious metals
markets in the first half of 2003, up 30% from 8.3 tonnes in the same period of 2002, the bank said in a press
release.
Rosbank plans to buy 30 tonnes of gold from Russian suppliers in 2003, compared with 17 in 2002.
The increase will mainly be ensured by a long-term contract between Rosbank and Russia's biggest precious metals
producer Polyus, which will supply the bank with 26 tonnes of gold by mid-2004, including 15 tonnes before the end of
2003. [RU ASIA EUROPE EEU EMRG BNK RESF GOL] me <>
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