In 2017 the plant realizes a project of production modernization aiming for the increase of production up to 200 thousand tons of concentrate.
The production volume fell by 51% compared with Q1 2016.
Within the reporting period the bulk of production fell on the Omolon hub.
In the first quarter of 2017, Polymetal International increased the production of precious metals by 8% compared to the same period last year to 280 thousand troy ounces of gold equivalent.
Russia's gold mining companies are announcing ambitious plans to increase metal production at a relatively low cost, but it is unlikely to make money on this plan for a broader range of investo
Bank Uralsib has provided Polymetal Int (combining assets of Polymetal) with a $100 million credit line for a period of 5 years, the credit organization reports on Wednesday.
The Russian Ministry of Ecology and Natural Resources is going to involve such companies as Norilsk Nickel, Alrosa and Polymetal in estimating the forecasted resources of minerals, the head of the
The Government of the Khabarovsk region has published the report on the results of operation of the mining sector in 2016.
Polymetal to put into operation a few deposits in Magadan region on the results of geological explorationEdited by Rhod Mackenzie / 2017-03-23 08:23:14
Polymetal will spend $10 mln (about 580 mln roubles) for geological exploration in the Magadan region, CEO of Polymetal, V. Nesis, said.
The company doesn’t refuse to participate in the project but meanwhile doesn’t plan to expand.