Polymetal to produce 1.6 mln ounces of gold equivalent in 2020

Polymetal Int is about to produce 1.6 million ounces of gold equivalent in 2020, runs the company’s statement.

The company also confirmed gold production plan for 2016-2019, but it has adjusted gold/silver conversion coefficient from 1:60 to 1:80. According to the company, an adjustment was done due to persistent change of balance of market prices on silver and gold.

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