Polyus Gold is going to achieve production of 100 tons of gold
Edited by Rhod Mackenzie / 2013-03-07 03:57:08
By 2016, Polyus Gold is going to increase gold production by 67% to 87 tons or 2.8 million ounces annually compared to 2012. In July 2011, the company was going to achieve annual production of 2.8 million ounces of gold by 2015. In 2013, Polyus Gold is going to double capital investment to $1.5-1.6 billion compared to $70-750 million in 2012, and $341 million in 2011. Last Polyus Gold increased gold production by 12% to 1.68 million ounces or 52.25 tons, revenue by 22% to $2.8 billion. In 2013, Polyus Gold is going to produce 1.59-1.68 million ounces or 49.2-52.2 tons of gold.