Polymetal

Polymetal continues to look for Kolyma’s Klondike

The Kolyma enterprises of Polymetal Serebro Magadans and Omolon gold mining company produced 6.1 tons of gold and 855 tons of silver in 2016.

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In 2017, Varvarinskoye to increase production of precious metals by 73%

In 2017, Varvarinskoye (a part of Polymetal) plans to produce 3.8 tons of Dore alloy, which is by 73% more than in the previous year, the company's general director Alexander Simon reported.

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Polymetal finds one of largest platinum deposits

Polymetal International plc has presented updated geological survey data for the year ended on December 31, 2016 and an updated assessment of ore reserves and mineral resources in accordance with t

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Control over the Nezhdaninskoye deposit to be obtained by Ivan Kulakov

As the Kommersant has got to know, Ivan Kulakov, Roman Abramovich's ex-partner in Sibneft and Highland Gold, will acquire 82.3% from Said Kerimov’s Polyus in the large Nezhdaninskoye gold

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Polymetal significantly increased its proceeds and profit in 2016

Polymetal International plc has announced its preliminary results for the year, ended December 31, 2016.

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Polymetal increases production volumes, but expects growth in costs

In 2016, the Polymetal's production made up 1.27 million ounces in gold equivalent and exceeded the production plan of 1.26 million ounces.

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In 2016, Polymetal’s net profit grew 1.8 times

In 2016, the net profit of Polymetal International, according to preliminary data, increased 1.8 times compared to 2015 and amounted to $395 million, the gold mining company reports.

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Polymetal to increase dividends up to 50% of its corrected profit

The Board of Directors of Polymetal Int ( unites the assets of Polymetal JSC) has approved the changes in the dividend policy, according to which 50% of the corrected net profit will be spent for d

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Polymetal focuses on geological exploration in 2017

The company strengthens geological exploration works at all objects.

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As of January 1, Polymetal’s ore reserves of gold estimated at 17.6 mln ounces

As of January 1, 2017, the estimated gold reserves at Polymetal International’s fields under international standards decreased by 1% compared to the previous year to 17.6 million troy ounces

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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E 54° 43.48836" N 55° 55.52346"
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