In January-March, Polyus increased gold production by 9%
Edited by Rhod Mackenzie / 2016-04-15 07:13:49
In the first quarter 2016, Polyus Zoloto increased its gold production by 9% as compared to the same period in 2015 to 384.3 thousand ounces (11.953 tons), the company reports.
As compared with the fourth quarter of 2015, the gold production fell by 18% due to the seasonality of the production at alluvial deposits. In the first quarter of 2016, the average recovery factor at all deposits made up 84%, while at the Olympiada it reached 80.2%.
