Polyus profit dented by currency losses

Polyus, Russia's largest gold producer, on Wednesday reported third-quarter net profit down 61% from a year ago to $144-million due to foreign exchange losses and other non-cash items. The company controlled by Said Kerimov, son of Russian tycoon Suleiman Kerimov, has not been targeted by the US sanctions against Moscow. Washington included Suleiman Kerimov and some other Russian businessmen on its sanctions list in April.