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Omolonskaya Gold Producer Faced Tax Claim

Russia's Omolonskaya Gold Mining Company faced the tax of 300 mln roubles

Omolonskaya Gold Producer Faced Tax Claim

Russia?s Omolonskaya Gold Mining Company faced the tax claim of 300 mln roubles.
Canadian Kinross Gold, which owns Omolonskaya Company, decided to stop operations in Magadan region due to financial problems.

There are two variants of the situation development: the Omolonskaya Company will be either sold or liquidated.

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