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Russian Nordgold acquires 55,01% stake in French Guiana’s gold field

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Russian Nordgold acquires 55,01% stake in French Guiana’s gold field

Nordgold N.V., a gold mining company established as a gold producing subsidiary of Severstal, the Russian steel company owned by Alexey Mordashov, has completed the preparation of a bankable feasibility study and thereby fulfilled the terms of the agreement for acquisition of a 50.01 percent stake in Montagne d'or Deposit located in French Guiana, from Columbus Gold Corporation, Nordgold informed.


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