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Russia Auctions Gold and Lithium Assets in Occupied Ukraine

3/27/2026

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Story summary
  • Russia is auctioning natural resource assets in occupied Ukrainian territories, including a gold deposit in Luhansk Oblast.
  • The Bobrykivske gold ore deposit sold for $9.7 million to a company linked to Polyanka.
  • The Bobrykivske deposit contains an estimated 1.64 metric tons of gold, potentially worth nearly $260 million.
  • Russia is auctioning other assets, including a significant lithium deposit in Donetsk Oblast.