BTS – Most Holding takes 67% of Yuzhuralzoloto for US$1.4B
What's the deal? BTS – Most Holding, the company owned by businessman Ruslan Baisarov, has acquired a controlling stake in gold miner PAO YuzhuralzolotoDealroom has a profile for this one. Try Dealroom → (YGK). According to corporate disclosure filings, BTS – Most Holding gained control of 149,816,388,208 voting shares — a 67.2489% stake in the company.
The terms: The YGK stake was put up for auction with a starting price of US$2.11B. On July 6, 2026, BTS – Most Holding paid Rosimushchestvo the full price for the controlling stake and related company holdings acquired at the auction for US$1.4B. The combined value of the assets previously held by businessman Konstantin Strukov and associated parties stood at US$2.43B.
What changes? On July 7, 2026, YGK told Vedomosti that the company had renamed itself BTS-Zoloto, with Oleg Shiryaev appointed as its new head.
What's the endgame? BTS – Most is betting on investment in the mining sector and access to valuable raw material assets. Vedomosti reported on June 22, 2026 that these include gold, silver, copper, lithium, platinum-group metals, and rare earths.
The signal: The deal marks the transfer of one of Russia's major gold producers into new ownership through a state-run auction, expanding BTS – Most's footprint in resource extraction.
Read more: Vedomosti
Image credit: James St. John
