GOLD
Continuing to build on its position as a low-cost gold producer with a clear growth strategy, Russia-based Polyus delivered consistent production in the half year ended June 30, achieving a 12% year-on-year increase to 938 000 oz. The company – Russia’s largest gold producer – attributed this output growth to higher production volumes at its Olimpiada and Verninskoye operations. Polyus also saw a significant 29% year-on-year increase in volumes of ore mined, to 17.8-million tonnes, as a result of mining volumes growth at the Olimpiada and Kuranakh operations and the start of full-scale mining activity at Natalka.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access