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VTB Capital invests $50M into Russian gold mining company

Dow Jones Financial Information Services | May 24, 2012 | 11:33 pm Precious Metals Europe Gold 

VTB Capital has made its first investment in the Russian mining industry, making a $50 million commitment to Zapadnaya Gold Mining Ltd. The investment arm of the Russian financial services conglomerate VTB Group made its investment with an eye toward…

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