In Q1 Polymetal decreases gold production by 9%.
Edited by Rhod Mackenzie / 2016-04-15 09:29:02
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).
