OREANDA-NEWS. July 28, 2010. Veles Capital released daily market review:

Severstal upped the share in Crew Gold gold-mining company. Severstal upped the share in Canadian gold-mining company Crew Gold from 40.4% to 50.2%, the shares of which are trading at the market in Toronto and Oslo. The shares were purchased by the price of 0.35 Canadian dollars, which is 29% higher than the market quotes.

Merger of Polyus Gold and Kazakhgold has been approved. Shareholders of Kazakhgold gold-mining company supported the planned merger of the companies Kazakhgold and Polyus Gold. An additional emission of shares, amendments to the company's regulation documents and the change of the company's name Kazakhgold into Polyus Gold International.