Polyus upgrades mineral resource, sets production record at 2.4Moz

Moscow- and London-listed Polyus has updated the mineral resource estimate for its Sukhoi Log project, and reported a maiden Joint Ore Reserves Committee-compliant indicated mineral resource estimate completed by AMC Consultants. The estimated mineral resources at Sukhoi now stand at 962-million tonnes, grading 2.1 g/t gold and containing 63-million ounces of gold – which is a 9% increase compared with the prior estimate of 58-million ounces.