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Tag Archives: Polymetal

FTSE 100 movers: Sainsbury’s slumps; Polymetal shines

London’s FTSE 100 was down 0.4% at 7,079.43 in afternoon trade on Tuesday. Supermarket chain Sainsbury’s was the worst performer on the index. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said it could be down to nervousness about trips to bricks and mortar supermarkets amid worries about …

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Polymetal puts $0.5m into new joint venture

Polymetal announced an initial investment of $0.5m in exchange for a 35% stake in a joint venture with a junior on Tuesday, holding an exploration license for the Pekinskaya area of Russia’s Taimyr Peninsula, which adjoins the existing Taimyr joint venture. The FTSE 100 company said it may acquire up …

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