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Name Nordgold (IPO II)
Placement specification GDR
Placement type IPO
Subscription type Public offering
Status Postponed
Trading floor London Stock Exchange
Capitalisation at the moment of placement, mln. USD 5 000
Industry Gold, Diamonds & Gemstones mining

Additional information

21.01.2021 Russian gold miner Nord Gold UK Societas, or Nordgold, is looking to list in London as early as this summer, capitalizing on the precious metals long price run to become the largest mining company to float globally in at least five years, according to people familiar with the matter. Nordgolds initial public offering could value it at more than $5 billion and would float over 25% of the company, some of these people say.

22.06.2021 Nord Gold plc, the internationally diversified pure-play gold producer, on 10 June 2021 of its intention to float, the Group today announces that it has decided to postpone its proposed initial public offering on the London Stock Exchange.

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