Polyus-Zoloto RAS net profit up 190% q-o-q in 3Q06

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MOSCOW, October 31 (RIA Novosti) - Russian gold producer Polyus-Zoloto said Tuesday its net profit for the third quarter of 2006 stood at 197.3 million rubles ($7.37 million) according to Russian Accounting standards, representing a 190% quarter-on-quarter increase.

Polyus-Zoloto is a gold-mining company recently divested from Russia's metals giant Norilsk Nickel.

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