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ERG shoots down US sale rumours

Chief executive Shukhrat Ibragimov stressed that the company remains focused on internal development

Munira Rajkotwalla
A source close to the company said that informal talks with Cameron have been occurring since late last year.

A source close to the company said that informal talks with Cameron have been occurring since late last year. | Credits: pryzmat via Shutterstock

Kazakh miner ERG is pushing back on talks of a multibillion-dollar buyout, after reports surfaced earlier this month suggesting that US investor James Cameron, a former Petropavlovsk chairman, had tabled...

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