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


Request a quote to subscribe for a longer period

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"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer