In 2014, Polyus Zoloto to maintain gold production at the level of 51 tons
In 2014, Polyus Gold, the largest Russian gold producer, plans to maintain the gold production at the level of 2013 in the volume of 51 tons and expects to optimize costs, Polyus Gold’s general director Fedor Kirsanov reported to the ITAR-TASS. “We plan to maintain industrial rates at the level of 2013 – 51 tons. We don’t expect any reduction. Financial performances will be different, of course. Prices will have an impact on them; we started our work on the optimization of expences and expect to have significant economies. I wouldn’t like to talk about concrete figures: there are standard procedures, when we show them to the market, but now it’s possible only to speculate about them. But I can assure that from the point of view of financial stability, the company is good,” – the Polyus’ director noted.