Federal Property Management Agency Completes Valuation of YUGK Gold Mining Shares for Auction
The Federal Property Management Agency has completed the valuation of 67.2% of the shares of the Yuzhuralzoloto Group of Companies (YUGK), a major Russian gold mining company. This valuation was ordered following a decision by the Sovetsky District Court of Chelyabinsk, which transferred the assets to the ownership of the Russian Federation at the request of the Prosecutor General's Office. The total market value of these assets is estimated at 162.02 billion rubles, with the YUGK shares alone valued at 140.437 billion rubles. The agency has prepared a draft decree for the Russian government to sell these assets through open competitive auctions, scheduled for early May 2026. Participants will have five working days to apply and must deposit 20% of the initial bid price, set at 32.4 billion rubles. 
