Polyus Gold

Polyus attracts credit line for $40 mln from Intesa

Intesa Bank has opened a credit line for Polyus Krasnoyarsk (part of Polyus) in the amount of $40 million, the press centre of the bank reports.

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Polyus cuts Natalka’s capital expenditures by 72%.

Also in Q1 cash costs for production reduced.

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In January-March, Polyus increased its net profit 2 times

In January-March 2019, the net profit of Polyus increased over 2 times to $528 million.

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Polyus Aldan produces 2 tons of gold at Kuranakh.

The company expects to produce 6 tons by the end of the year.

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Polyus to reduce dividends of '18 to 143.62 roubles per share.

The shareholders of Polyus decided to allocate 143.62 roubles per ordinary share for the payment of final dividends for 2018, which is 2.4% lower than payments per share for 2017, according to the

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In 2019 Yakutia plans to mine 28.8 tons of gold.

In 2019 the Republic of Sakha (Yakutia) plans to extract 28.826 tons of gold, which is 2.4% less than was produced in 2018, as follows from the materials of the Republican Ministry of Industry and

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Kuranakh gold extraction plant to process 5.6 million tons of ore in 2019

Polyus Aldan JSC's gold extraction plant, which conducts gold mining in the territory of the Kuranakh ore field in Yakutia, intends to process 5.6 million tons of ore with a grade of 1.2 grams

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Polyus Aldan to double exploration in 2019.

The company expects to put part of off-balance sheet reserves on the balance sheet.

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Polyus reduced its reserves by 3.2 mln ounces in 2018

Polyus has announced a revaluation of its reserves and mineral resources in accordance with the JORC Code as of December 31, 2018.

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