Polymetal

20.9 tons of gold are mined at Chukotka within ten months.

Thanks to enterprises developing ore deposits of precious metals, the region managed to maintain the volume of gold production at the level of 2018.

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Polymetal plans to create joint venture with investor for Veduga

Polymetal Int plans to create a joint venture with an investor for development of the Veduga gold deposit in the Krasnoyarsk region, as it follows from the company’s presentation.

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Polymetal increases reserves of Kyzyl by 18% to 264.4 tons of gold

Polymetal Int (combines assets of Polymetal) has increased ore reserves of the Kyzyl project in Kazakhstan by 18% to 8.5 million ounces (264.4 tons) of gold in accordance with JORC (2012), the comp

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AGMK processed 35 thousand tons of concentrate from Kyzyl in the first three quarters of 2019

In the third quarter of 2019, Amur hydrometallurgical plant (Polymetal) processed 15 thousand tons of concentrate from the Kazakh Bakyrchik deposit (Polymetal’s Kazakhstani project of Kyzyl).

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Polymetal can invest about $20 million in Totmor

Polymetal is considering investing about $20 million in the Tomtor deposit development project in the Republic of Sakha (Yakutia).

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Polymetal may invest nearly $ 20 million into Tomtor.

JSC Polymetal is considering the possibility of investing almost $ 20 million into a project to develop the Tomtor field in Yakutia.

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In January-September, Polymetal increased gold production by 25%

In January-September 2019, Polymetal Int (combines assets of Polymetal) increased gold production by 25% to 1005 thousand ounces (31.259 tons), silver -decreased by 16% to 16.4 million ounces (510.

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Polymetal receives a $500 million loan from Sberbank for 10 years

Sberbank has opened a ten-year non-renewable fixed-rate credit line of $500 million for Polymetal Int (which unites the assets of Polymetal JSC), the company said.

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Polymetal to decide on development of the Viksha deposit not earlier than in 2 years

Polymetal will make a decision on development of the Viksha polymetallic deposit not earlier than two years after the Nezhdaninskoye deposit in Yakutia reaches its design capacity.

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Polymetal may refuse to sell Veduga

Polymetal Int may decide not to sell the Veduga deposit in the Krasnoyarsk region, chief executive officer of the company Vitaly Nesis told reporters on the sidelines of the MINEX Russia conference

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
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