Polyus Gold

Seligdar's net profit decreased 6.8 times for the three quarters of 2019

In January-September 2019, the revenue of Seligdar increased by 56.1% to 16.7 billion rubles.

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OGK Group will carry out drilling on the flanks of the Sukhoi Log

JSC “OGK Group” in 2020-2022 will conduct geological exploration on the flanks and deep horizons of the Sukhoi Log gold ore deposit in the Irkutsk Region, the company reports.

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Union of Gold Producers: In January-September, Russia increased gold production by 11%

According to preliminary results of January-September 2019, Russian enterprises produced 268.638 tons of gold mined and obtained as a result of associated production, including processing of scrap

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China Gold goes to Russia again: the company can buy a stake in Intergeo

The largest Chinese gold mining company China Gold may buy a stake in Mikhail Prokhorov's Intergeo, which needs a strategic partner for copper-nickel projects in Tyva and the Krasnoyarsk region

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Fitch confirms Polyus’ rating of BB with stable outlook

International rating agency Fitch has confirmed the long-term ossuer default rating of the gold mining company Polyus at the level of BB, the forecast is stable, the agency reports.

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Fitch Affirms Polyus 'BB'; Outlook Stable

The international rating agency Fitch affirmed the long-term issuer default rating (IDR) of the Polyus gold mining company at “BB”, the outlook is stable, the agency said.

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Gold miners in Yakutia received more than 28 tons of gold

The Yakut subsoil users for the nine months of this year produced 28.1 tons of gold, which is 28.3% more than in the same period in 2018.

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In January-September, Polyus increased its profit under IAS more than 2 times

In January-September 2019, the net profit of Polyus under IAS jumped to $1247 million from $502 million in the same period of 2018, according to the company's report.

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Polyus is completing hydrogeological and geotechnical surveys at Sukhoi Log in the Angara region

Polyus is completing the hydrogeological and geotechnical surveys at Sukhoi Log, one of the largest undeveloped gold deposits in the world.

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Polyus increases gold production by 13% in January-September.

In January-September 2019 PJSC Polyus increased gold production by 13% - to 2.037 million ounces (63.35 tons) due to increased production at almost all deposits and the Natalka deposit reaching ful

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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