Precious metal analysts are ruling out the possibility of Russian mining firm Polyus taking over the entire shares of Anglo American in AngloGold Ashanti. The UK Sunday Times newspaper reported that the Russian gold miner had approached Anglo American for its 41 percent shares in AngloGold Ashanti, but in a reaction, analysts in South Africa say the Russian company can only seek to buy part of the shares or seek a merger. An Analyst with Craton Capital, Bretton Saunders said although nothing was impossible it is quite difficult to conceive that Polyus would be able to buy Anglo’s stake in AngloGold Ashanti. He argues in Business Report of South Africa that Anglo will only do a deal with Polyus if the Russian company will offer cash. But that move is also doubted by other analysts who say it is not possible since Polyus is smaller and needs cash to fund its projects in Russia. The is confirmation in Ghana Polyus has indeed approached Anglo American but the sources corroborate reports that Polyus cannot take up all of Anglo American's stake in Anglogold Ashanti.