Russian gold miner Uzhuralzoloto (UGC) has announced a Moscow Exchange IPO, setting a price range of 0.55 to 0.60 roubles per share, valuing the company at 110-billion to 120-billion roubles ($1.19-billion to $1.30-billion). This move comes amidst a challenging landscape for Russian businesses, marked by sanctions and a dwindling Western investor presence. Yet, UGC’s IPO holds potential...