Overview
Description
Lenzoloto Public Joint Stock Company is prominently recognized in the mining sector, focused on the extraction and processing of precious metals, particularly gold. The company plays a crucial role in the Russian precious metals market, ensuring the supply meets both domestic demand and contributes to global markets. Lenzoloto operates primarily in Siberia, a region known for its rich mineral resources, which has been pivotal to its development and success in maximizing its mining output. The company adheres to stringent environmental and safety standards, reflecting its commitment to sustainable practices in the highly regulated mining industry. Lenzoloto is integral to regional economic development, providing employment opportunities and contributing to the local economy. With a long-standing presence in the market, the company's operations are significant in influencing the dynamics of supply and demand in the precious metals sector. As a public joint stock company, Lenzoloto's shares offer investors exposure to the precious metals market, which can have various economic implications depending on global commodity trends.
About
Instrument type
Common stock
Sector
Basic Materials
Industry
Gold
Country
Russia
MIC code
MISX