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Kremlin declines comment on potential state seizure of gold producer Uzhuralzoloto

ReutersJul 7, 2025 9:43 AM

- The Kremlin on Monday declined to comment on Russian prosecutors' efforts to seize shares in gold producer Uzhuralzoloto UGLD.MM, and said it was a matter for law enforcement.

A Russian court last week said the Prosecutor General had filed a lawsuit seeking to transfer ownership of shares owned by businessman Konstantin Strukov in Uzhuralzoloto to the state, part of an escalation in seizures of domestic assets through Russian courts this year.

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