In Q1 Polymetal decreases gold production by 9%.

In Q1 2016 Polymetal Int <POLY> (combines the assets of JSC "Polymetal"), gold production decreased by 9% to 169 thousand ounces (5.257 tonnes), silver - has increased by 6% to 7.2 million ounces (224 tons) compared to the same period of 2015, according to a quarterly report of the company.

In January-March Polymetal produced no copper, while a year earlier withinin the same period the production of copper amounted to 438 tons. Total production in terms of gold equivalent in the reporting period decreased by 4% - to 260 thousand ounces (8.1 metric tons). 

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer