Urals also said it was finalising details to sell its shares in its East Siberian ZAO Dulisma and Taas Yuriakh projects to Sberbank or an affiliate.
This would be in discharge of its loan obligations to Sberbank, which Reuters said was $630 million in two separate loans.
Meanwhile, Urals said in a stock exchange release it will pay a fine of just $1000 for“minor licence infringements”at Dulisma, and that it was implementing changes recommended by Russian environmental watchdog Rosprirodnadzor during a recent routine inspection.
