ASSESSMENTS

Russia's Precious Metals: Veil Of Secrecy Lifts, Markets To Follow

Nov 19, 2003 | 14:49 GMT

Summary

Russian President Vladimir Putin has signed a law that removes secrecy provisions regarding the production and export of platinum group metals and precious gems. The development will be bearish for the affected markets in both the short and long terms as the uncertainty that has dominated the market vanishes and foreign investors grow interested in Russian production.

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