According to Gazeta, Russian Fund of Federal Property has announced an auction for 44,9% of Lenzoloto Company’s shares selling. The company is situated in Bodaybo area, Irkutsk region.

667600 shares are put up for the auction; shareholding’s starting price is 1,065 bln roubles.

The deadline for applications lodging is September 15, 2003. The results of the auction will be published on September 17, 2003. Russian Fund of Federal Property is the principal shareholder of the company.