Ariana today announces the sale of a 13.6% stake in its Zenit partnership to the majority shareholder Özaltin Holding. Zenit operates two mines in Turkey: Kiziltepe and Tavşan set to produce c.30koz gold at full production. The sale represents gross cash of $19.5m (net $17.2m after estimated local taxes) and will leave Ariana with a 9.9% interest in Zenit and a board representative. This reinforces our view that Ariana is a development company and is looking to fast track its Dokwe gold mine pro ....