Polyus Zoloto OAO (Polyus Gold OJSC) is a Russia-based company, which is involved in the mining and production of gold. It was formed in March 2006, as a result of the spin-off of MMC Norilsk Nickel�s gold mining assets. The Company�s operating mines and exploration projects are located in such gold mining regions of Russia: Krasnoyarsk, Irkutsk, Magadan and Amur Regions, as well as the Republic of Sakha (Yakutiya), Kazakhstan, Romania and Kyrgyzstan. It operates through one wholly owned subsidiary, Polyus Zoloto ZAO. The Company�s major shareholder is Polyus Gold International Limited with a stake of 92.95%.