Russian gold miners hesitant to capitalize on record global prices for new project investments amid long payback periods, higher fiscal burdens, geopolitical isolation, and rising equipment and labor costs. Companies are prioritizing optimization, dividend payouts, and debt reduction to mitigate risks. — Ъ

GloraX to open IPO applications on Moscow Exchange from Oct. 23-30, with shares priced at 64 RUB each; company valued at 16 billion RUB prior to additional issuance. Trading under ticker GLRX expected to begin Oct. 31. For additional information, visit the firm's press release.