Polyus Gold (PLZL.MM: Quote), Russia's largest gold miner, said on Tuesday its board had instructed management to explore the possibility of declaring an interim dividend on first-half 2009 financial results.

Polyus said in a statement its board had recommended not to declare a dividend on full-year 2008 results. The company had revealed this information in disclosure documents on Monday.

[ID:nLD608591] The largest shareholders in Polyus Gold are billionaires Mikhail Prokhorov and Suleiman Kerimov. (Reporting by Robin Paxton)

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